Microsoft Establishes Wholly-Owned Shanghai Subsidiary
by
, 09-25-2014 at 05:47 AM (1174 Views)
Microsoft has established a new wholly-owned subsidiary in Shanghai named Microsoft Asia-Pacific Technology Limited, which will focus on the global research and development of the Microsoft cloud operating system.
The wholly-owned subsidiary is based around the Chinese teams of Microsoft cloud computing and corporate departments. It will mainly focus on the global development of Microsoft's cloud operating system, covering Microsoft Azure, Windows Server, SQL Server, payment platforms, and development tools.
Scott Guthrie, Microsoft's global executive vice president, said that the establishment of the new company represents Microsoft's belief in building a world-class research and innovation center and business center in China.
In addition, Microsoft announced that Shen Yuanqing, chief operating officer of Microsoft Asia-Pacific Research and Development Group, will take the role of managing director of Microsoft Asia-Pacific Technology Limited concurrently.
Capitalization details and specific legal scope of business for the new company are not yet available.
More...