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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: taxman who wrote (35198)	12/8/1999 8:19:00 AM
From: Teflon	Read Replies (1) \| Respond to of 74651

News release on MSFT and Ericsson: Ericsson, Microsoft join forces on mobile Internet STOCKHOLM, Dec 8 (Reuters) - Swedish telecoms group Ericsson on Wednesday announced a strategic partnership with U.S. software giant Microsoft (NasdaqNM:MSFT - news) to help people stay in touch via the Internet and mobile phones while on the move. Following a trade suspension in Ericsson shares, the Swedish company announced it was setting up a joint venture with Microsoft to market ''end-to-end solutions for the wireless Internet'' in the rapidly evolving high-tech and telecoms industries. Telefonaktiebolaget LM Ericsson will own the majority of the new company set up to market and deliver mobile e-mail solutions for network operators which will give users access to information, personal files and e-mail from any wireless device. ''With the new joint company, Microsoft and Ericsson will work collaboratively to develop new solutions that seamlessly connect enterprise e-mail with public wireless e-mail services, baased on Microsoft Exchange Server and Ericsson wireless infrastructure products,'' Ericsson said in a statement. As part of the partnership, Ericsson will provide its technology -- Wireless Application Protocol (WAP) -- that shrinks the Internet down for mobile phones while Microsoft will adopt its Microsoft Mobile Explorer browser for mobile phones. ''(This will) give operators, developers and consumers more choice and functionality in developing, delivering and assessing wireless information and services,'' said Ericsson, which is holding a news conference at 1300 GMT on Thursday in Stockholm. Microsoft and Ericsson also agreed to collaborate in supporting the development of open industry standards so products from all companies can work seamlessly together. Teflon