Microsoft Plans JV with Tata
Microsoft sets up outsourcing venture with Tata Consultancy Services and Chinese government.July 1, 2005
Microsoft and Indian outsourcing company Tata Consultancy Services (TCS) announced Friday that they have been selected by the Chinese government to partner in a new joint venture aimed at outsourcing IT functions and software development.
Microsoft CEO Steve Ballmer signed a letter of intent in Beijing, along with Chinese officials, Tata executives, and executives from Chinese firms also partnering in the venture. The JV will be located in Beijing’s Zhongguancun Software Park and is expected to begin operating in early 2006.
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Microsoft and Indian outsourcing company Tata Consultancy Services (TCS) announced Friday that they have been selected by the Chinese government to partner in a new joint venture aimed at outsourcing IT functions and software development.
Microsoft CEO Steve Ballmer signed a letter of intent in Beijing, along with Chinese officials, Tata executives, and executives from Chinese firms also partnering in the venture. The JV will be located in Beijing’s Zhongguancun Software Park and is expected to begin operating in early 2006.
More
posted by veerj at 10:29 AM
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