Skip to main content

Market Overview

HP Inc Lands On A New Cloud, Partners With Microsoft

HP Inc Lands On A New Cloud, Partners With Microsoft

Microsoft Corporation (NASDAQ: MSFT) announced Monday that it had entered into a six-year agreement with HP Inc (NYSE: HPQ) for the deployment of its Microsoft Dynamics to thousands of employees across HP.

HP was formerly a cloud partner of, inc. (NYSE: CRM).

During a Deutsche Bank technology conference Tuesday afternoon, Microsoft Cloud and Enterprise Group Vice President Scott Guthrie was asked whether the announced partnership was a harbinger of more success against the likes of Oracle Corporation (NYSE: ORCL) and salesforce.

Related Link: Oracle Expected To Report An In-Line Quarter, Says Macquarie

In response, Guthrie agreed that the HP deal was a "CRM takeaway" (CRM, aside from being salesforce's ticker, is also an acronym for Customer Relationship Management), that HP is making a massive migration to Dynamics, and called enterprise solutions Microsoft's "sweet spot."

In addition to Dynamics, HP will also employ other Microsoft offerings such as Office 365 and Azure.

At Time Of Writing ...

  • HP Inc was trading at $14.27, up 0.63 percent.
  • Microsoft was down 0.55 percent at $56.22.
  • Oracle was up 0.19 percent at $40.30.
  • was up 1.12 percent at $73.88.

Full ratings data available on Benzinga Pro.

Do you have ideas for articles/interviews you'd like to see more of on Benzinga? Please email with your best article ideas. One person will be randomly selected to win a $20 Amazon gift card!


Related Articles (MSFT + CRM)

View Comments and Join the Discussion!

Posted-In: Azure cloud computing cloud technologyNews Contracts Movers Tech General Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at