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
Ascensus boosts sector dominance with Vanguard acquisition
Ascensus, a significant retirement plan administrator in the United States, is set to acquire the business division of…
Unretirement trend grows amid financial struggles
In the United States, the growing phenomenon of “unretirement”, where senior citizens return to work past retirement, is…
Preparations underway for upcoming Crisis Conference
The upcoming Crisis Conference is making final preparations as the event draws nearer. Our diligent team for the…