Microsoft, Langchao reach agreement on management software
Timothy Chen (L Front), Microsoft Corporate vice president and CEO of Microsoft Greater China Region, shakes hands with Sun Pishu, president of Langchao Group, after signing an agreement in Jinan, capital of east China's Shandong Province, August 26, 2005. Under the agreement, Microsoft will invest 25 million US dollars in the Chinese IT company for cooperation in developing application and management software.
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