Microsoft pledged $300 Million to the Russian Economy

Praising the government for its "amazing work" fighting the crisis, Microsoft CEO Steve Ballmer announced Monday that his company would invest 10 billion rubles ($300 million) in Russia over the next three years. The new Microsoft Russian investment plan provided fertile soil for the software giant to point to innovation and technology as solutions to […]

Praising the government for its "amazing work" fighting the crisis, Microsoft CEO Steve Ballmer announced Monday that his company would invest 10 billion rubles ($300 million) in Russia over the next three years. The new Microsoft Russian investment plan provided fertile soil for the software giant to point to innovation and technology as solutions to survive the global economic downturn. As an integral part of the $300 million investment, Microsoft is prepared to educate an estimate 300,000 Russians through training centers spread across the country. The Redmond company will aim to increase the number of training centers from 60 to 100, and to help a quarter of a million people enhance their IT skills between 2009 and 2012.

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