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CNET News: Microsoft to Stake $400 Million in India

Nov 12, 2002, 16:00 (48 Talkback[s])

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"The software giant plans to spend $400 million over the next three years to boost its presence in India, Microsoft Chairman Bill Gates revealed today.

"The planned investments will be in several areas including education, partnerships and localization, the company said in a statement...

"Gates' visit to the Asian IT hotbed could be an attempt to stop Linux from gaining momentum in the populous country..."

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