updated 12/13/2006 8:08:33 PM ET 2006-12-14T01:08:33

Microsoft Corp. and Hewlett-Packard Co. will jointly sell information-technology services to businesses over the next three years under a partnership disclosed Wednesday.

The deal amounts to an expansion of already close ties between Microsoft, the world's largest software company, and HP, the No. 1 computer vendor. The companies said they would invest at least $300 million together in creating and marketing services together. The companies said their new venture would focus on offering services in such fields as communications and data management.

(MSNBC.com is a joint venture of Microsoft and NBC Universal News.)

Copyright 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Discussion comments


Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 3.79%
$30K home equity loan FICO 4.99%
$75K home equity loan FICO 4.69%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.83%
Cash Back Cards 17.80%
Rewards Cards 17.18%
Source: Bankrate.com