2005-07-17

Microsoft Partners with Chinese Outsourcing

TCS and Microsoft have formed a strategic partnership with Sino-India Cooperative Office in China.

The parties intend to establish a software joint venture company to provide IT outsourcing services and solutions to the global market.

Located in Beijing's Zhongguancun Software Park, the joint venture plans to start operation in early 2006. Outsourcing services will be marketed to all major worldwide markets particularly US, Europe, and the Asia Pacific region including China's domestic market. The main objective of this global initiative is to build the new venture as a role-model for the growing Chinese software industry.

The partnership will leverage the complementary strengths of investing parties in technology, software development management and talent training. It will put into play the resources of Chinese partners, which run the national software development parks.

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