Aiming to provide software for the enterprise market in China, Microsoft has established its first joint venture in the country.
The venture, to be called Zhongguancun Software Co., joins the software giant with China's Beijing Centergate Technology (Centek) and Stone Group, the companies said in a statement this week.
Microsoft said that the new company will develop enterprise and government software applications, as well as products based on its .Net technology, for the Chinese and overseas market. The venture is part of Microsoft's commitment to help with the growth of China's IT industry, the company said.
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