Microsoft and the China Electronics Technology Group, or CETG, have announced a new joint venture. The new company is provisionally named C&M Information Technologies, and will provide Windows 10 related services to Chinese government organs and state owned enterprises.
CETG's Chairman Xiong Qunli expressed his willingness for international cooperation.
"We hope the international society, be it academia, enterprises or nations, will embrace an open attitude for cooperation. For us, as a Chinese company, we have our own core technology and equipment, and we are willing and open to international cooperation. Along with our partners, we can build a safe and trustworthy cyber environment. "
The new venture is still subject to regulatory approval and has a registered capital of 40 million US dollars. Microsoft will hold a 49% stake in the venture, while CETG will hold 51%.
The development is an improvement in the American company's relationship with the Chinese authorities. In 2014, it was the target of anti-monopoly probe. A government procurement agency had also previously banned PCs with the Windows 8 software.
Microsoft has previously signed deals with other Chinese tech giants such as Baidu, Tencent and Xiaomi.
