HP and Microsoft Corp. today announced an agreement to expand on their 25-year partnership with a $250 million investment that will simplify technology environments.

The companies plan to deliver new solutions built on a next-generation infrastructure-to-application model, advancing cloud computing by speeding application implementation, eliminating management complexities and automating manual processes to lower the overall costs of IT.   As a part of the agreement, HP and Microsoft will provide, jointly architected and   pre-configured packaged solutions on HP hardware across online transaction processing (OLTP), business intelligence and data warehouse workloads that speeds time to deployment for customers with push button simplicity. These solutions will be available in a broad range of configurations that will be suitable for tier 1 enterprise environments and in configurations suitable for SMB environments.

Microsoft Corp. and HP are hosting a teleconference today at 8:15 a.m. PST, where Steve Ballmer, CEO of Microsoft, and Mark Hurd, chairman and CEO of HP, will take questions regarding a new joint agreement and joint investment to prepare customers for the next generation of business computing. To listen to the audio teleconference, interested parties should visit http://hpbroadband.com/program.aspx?key=SKPNSKDIKG. To participate in the audio teleconference, interested parties should call (800) 369-1191 (U.S., toll-free) or +1 (212) 519-0829 (international, toll). Passcode is 3022632.

For more information, including a playback of the teleconference and videos with Microsoft CEO Steve Ballmer and HP CEO Mark Hurd, visit the Virtual Press Room; or read the Microsoft Blog to read Brad Anderson’s entry about the news. You can also follow the announcement and submit your questions on Twitter using the hashtag #HPMSFT.

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