Microsoft Corporation (NASDAQ:MSFT) Signs Hewlett Packard Deal

Microsoft Corporation (NASDAQ:MSFT) has signed an agreement with
Hewlett-Packard to deliver cloud services. Microsoft Corporation (NASDAQ:MSFT)
Signs Hewlett Packard Deal Microsoft Corporation (NASDAQ:MSFT) has announced a
global, four-year initiative with HP Enterprise Services (NYSE:HPQ) to deliver
Microsoft Corporation (NASDAQ:MSFT)s leading communications and collaboration
applications via global private and public cloud services. Under the agreement,
HP and Microsoft Corporation (NASDAQ:MSFT) will offer private and public cloud
solutions designed to help organizations rapidly scale new users, shift IT
resources from maintenance to innovation and change IT from a capital to
operating expense. Mark Hill, vice president, Enterprise Partner Group,
Microsoft Corporation (NASDAQ:MSFT), said that, Microsoft Corporation
(NASDAQ:MSFT) is committed to putting the unique and ever-evolving needs of
customers at the core of cloud innovation. This alliance with HP not only
broadens Microsoft Corporation (NASDAQ:MSFT)s geographic reach, it gives
customers maximum flexibility to choose a cloud computing solution that meets
their organizations specialized messaging and collaboration needs. Microsoft
Corp. (NASDAQ:MSFT) shares were at 25.4 at the end of the last days trading.
Theres been a -3.1% movement in the stock price over the past 3 months.
Microsoft Corp. (NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.95 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.74 Zacks
Rank: 28 out of 88 in the industry