Reed Elsevier and Microsoft have announced a strategic alliance which will see Bill Gates’s company take a key role in all of Reed’s future New Media ventures. The five-year agreement is valued at approximately $30 million.
As well as helping the publisher to develop its new Websites, the agreement also means that all of Reed’s 26,000 employees will use Microsoft packages, operating systems and servers. Microsoft is currently working with Reed to deliver information products through its Internet Explorer browser.
Reed Elsevier: 0171 227 5600
Microsoft: 0181 242 4242
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