Microsoft Corporation To Invest In Startups

Microsoft Corporation (NASDAQ:MSFT) has partnered with Telefónica to support tech startups.

Microsoft Corporation To Invest In Startups

Reports say that Microsoft Corporation (NASDAQ:MSFT) has joined hands with Wayra, Telefónica’s accelerator program for technology startups.

According to the deal, Microsoft Corporation (NASDAQ:MSFT) will provide tools, knowledge and technical training for projects supported by Wayra.

Wayra entrepreneurs will have access to Microsoft Corporation (NASDAQ:MSFT)’s BizSpark program, providing access to and licenses for Microsoft Corporation (NASDAQ:MSFT) software development platforms, subscription to developer content within Microsoft Developer Network, technical support sessions and visibility within the Microsoft Corporation Partners and Mentors Network.

Jean-Philippe Courtois, president of Microsoft Corporation (NASDAQ:MSFT) International, said that, “The first three years for start-ups are usually the most critical and raise more challenges for their long-term success.This agreement will allow us to reach more entrepreneurs worldwide helping them to accelerate their good ideas and develop great companies.”

Microsoft Corp. (NASDAQ:MSFT) shares are currently standing at 31.92.

Price History
Last Price: 31.92
52 Week Low / High: 23.65 / 32.95
50 Day Moving Average: 31.65
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12 Month Price Change %: 25.9%