Dive Brief:
- Microsoft announced seven deals with Chinese companies and government institutions yesterday, CIO reports.
- The announcements came during Chinese President Xi’s U.S. visit.
- Yesterday, Cisco announced it will partner with upstart Chinese computer company Inspur Group Co.
Dive Insight:
U.S. companies are looking to gain greater access to the Chinese market.
Yesterday, Microsoft announced cloud-focused agreements with 21Vianet and Unisplendour. The company said it will also work with China Electronics Technology Group, Baidu.com, Xi’xian New Area, and smartphone vendor Xiaomi. Microsoft also signed an MOU to work with Sichuan Provincial Government.
Chinese president Xi met with senior company executives and board members at Microsoft on Wednesday.
The day before, Cisco announced it will partner with upstart Chinese computer company Inspur Group Co.
U.S. tech companies face mounting hurdles doing business in China, where local rivals have made major headway lately.
