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Microsoft Corporation Signs Cloud Deal

Microsoft Corporation (NASDAQ:MSFT) has inked a huge cloud computing deal with AICTE in India.

Microsoft Corporation Signs Cloud Deal

Reuters has reported that Microsoft Corporation (NASDAQ:MSFT) announced that it received a contract to provide free services to the All India Council for Technical Education (AICTE).

AICTE will be Microsoft Corporation (NASDAQ:MSFT)’s biggest biggest-ever customer for cloud computing services.

Microsoft Corporation (NASDAQ:MSFT) will provide its Live@edu communication and collaboration software to more than 7 million students and half a million teachers through this deal with the AICTE.

The service, which Microsoft Corporation (NASDAQ:MSFT) is providing for free as part of its education initiative, includes email, Office Web applications, instant messaging and storage.

Sanket Akerkar, Managing Director, Microsoft Corporation (NASDAQ:MSFT) India Private Limited, said that, “Microsoft Corporation (NASDAQ:MSFT) is delighted with the confidence posed by AICTE in Microsoft Corporation (NASDAQ:MSFT). Microsoft Corporation (NASDAQ:MSFT) has always seen education as a priority area and believes that technology offers possibilities that can help empower not just teachers and students but collectively India as a nation”.

Microsoft Corp. (NASDAQ:MSFT) stocks are currently standing at 30.81.

Microsoft Corporation Signs Cloud Deal
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Last Price: 30.81
52 Week Low / High: 23.65 / 32.95
50 Day Moving Average: 31.51
6 Month Price Change %: 13.0%
12 Month Price Change %: 21.2%

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