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TCS and Microsoft intend to establish software joint venture with Chinese firms; Sino-India Cooperative Office (SICO) selects TCS and Microsoft as strategic partners.

Publication: M2 Presswire
Publication Date: 30-JUN-05
Format: Online - approximately 1082 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 June 2005-Tata Consultancy Services: TCS and Microsoft intend to establish software joint venture with Chinese firms; Sino-India Cooperative Office (SICO) selects TCS and Microsoft as strategic partners(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:30062005

Tata Consultancy Services (TCS), a leading global IT services company, and Microsoft were selected as strategic partners by Sino-India Cooperative Office (SICO) of People's Republic of China (PRC). As part of this strategic partnership, Tata Consultancy Services Ltd. (TCS) of India, Microsoft, and Beijing Zhongguancun Software Park Development Co., Ltd., Uniware Co., Ltd. and Tianjin Huayuan Software Park Construction and Development Co., Ltd. announced that the parties intend to establish a software joint venture company to provide IT outsourcing services and solutions to both the global and domestic markets.

The JV, to be located in Beijing's Zhongguancun Software Park, plans to start operation in early 2006. It will provide IT outsourcing services and solutions to all major worldwide markets particularly in the US, Europe, and the Asia Pacific...

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