HP, Microsoft announce tie-up; to invest $250 mn

HP and Microsoft Corporation today announced a three-year agreement to invest $250 million to significantly simplify technology environments for businesses of all sizes.

The companies plan to deliver new solutions that would be built on a next-generation infrastructure-to-application model; advance cloud computing by speeding application implementation; and eliminate complexities of IT management and automate existing manual processes to lower the overall costs, they said in a joint statement.

"This agreement represents the industry's most comprehensive technology stack integration to date - from infrastructure to application - and is intended to substantially improve the customer experience for developing, deploying and managing IT environments", it said.

With this partnership, HP and Microsoft would collaborate on an engineering roadmap for data management machines; converged, prepackaged application solutions; comprehensive virtualisation offerings; and integrated management tools, it was stated.