Microsoft In Cloud Computing Deal With Taiwan Gov't, Firm

November 4, 2009 4:33 p.m. EST

Taipei, Taiwan (AHN) - Microsoft Corp. has entered into a deal with the Taiwanese government and a Taiwanese firm for the construction of a center that will develop devices and services for cloud computing.

The pact with the Ministry of Economic Affairs and Chunghwa Telecom Co., Taiwan's largest telecommunications provider, allows the proposed Software and Services Excellence Centre to develop cloud computing products and services for small and medium-sized companies.

Microsoft also plans to establish cloud computing partnerships with financial institutions and hardware companies.