Microsoft, HP Reach Tech Deal
Microsoft and HP, which combined at CES to announce a new tablet device, made another announcement Wednesday: They have joined forces on a sales, marketing and engineering pact. The deal includes a $250 million combined investment to "significantly simplify technology environments for businesses of all sizes."
According to the New York Times, the deal also includes new pre-packaged bundles of the respective companies' software and hardware. The new deal represents an expansion of the companies' previous, long-time relationship.
Click here for more on the deal, including a video of Microsoft CEO Steve Ballmer and HP chief Mark Hurd discussing it.