L&M Group, Microsoft tie up

Wed, 02 Feb 2000 | Source: DJ

SINGAPORE (Dow Jones): L&M Group Investments. Ltd. said on Tuesday its unit L&M.com Pte. Ltd. has signed an agreement with PT Microsoft Indonesia to design and implement an Internet portal for the Indonesian market.

The portal is expected to be launched by May 2000.

L&M.com's joint venture partner, the Jawa Pos Group of Indonesia, will initially provide news and information content.

L&M.com is also negotiating a commercial Internet system license agreement with PT Microsoft under a revenue sharing deal that has yet to be finalized, the group said in a statement.

View JSON | Print