Hitachi, Ltd. and Microsoft Corporation today announced that the two companies had reached an agreement to establish a global relationship that will focus on the development of a core set of replicable Microsoft Windows 2000-based enterprise solutions as well as the formation of a joint venture in October of this year. Hitachi and Microsoft will fill key executive positions in the joint venture. Both the relationship and the joint venture will initially be focused in the Japanese market with plans to expand globally.

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