Microsoft Corp. last week signed a distribution and service agreement with Commtouch Software in which Microsoft will use Commtouch’s Custom Mail Service to provide Web-based e-mail solutions for select partners of the Microsoft Network. Also as part of the agreement, Microsoft will exercise an option to purchase 707,964 shares of Commtouch Software stock at a price of $28.25 per share. Commtouch software is a global provider of outsourced e-mail and messaging services.
Related Posts
Startup success links to accelerator programs, study finds
Accelerator programs, such as Y Combinator (YC), have become increasingly popular in the startup world thanks to the…
Diageo employs AI for customer insight and creativity stimulation
Diageo, a multinational spirits corporation, utilizes artificial intelligence (AI) to comprehend customer behavior better and stimulate creativity. The…
Emerging technologies fuel digital advertising growth
Digital advertising is thriving, with several startups introducing innovative, industry-transforming technologies. These include support for cookieless ads, advancements…