MSFT: Microsoft Invests In Brazil

Microsoft Invests In Brazil
by Mel Daris

Expanding into new territories has its ups and downs, but can usually help a company improve its bottom line, create jobs, and increase brand awareness. By investing in Latin American countries such as Brazil, Microsoft (MSFT) hopes to take advantage of the growing need for cloud computing and other online products and services, along with increased interest in mobile phone technology. Recently, the company spent $100 million to build a technology center in Rio De Janeiro, Brazil. With an additional $5 million invested in its Sao Paulo center, Microsoft has definitely made an impression on the country. read more »

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