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U.S.-China tech tie-ups on the rise

|About: Cisco Systems, Inc. (CSCO)|By:, SA News Editor

More partnerships between Chinese and U.S. technology firms are being announced during Chinese President Xi Jinping's visit to the United States this week.

Cisco (NASDAQ:CSCO) is forming a joint-venture with server maker Inspur to sell networking and cloud computing products in China, where the company faces political pressure and declining sales.

Meanwhile, Microsoft (NASDAQ:MSFT) is partnering with Baidu (NASDAQ:BIDU) and Tsinghua Unigroup to sell cloud services to Chinese state-owned enterprises. Microsoft also struck a deal with China Electronics Technology Group to explore ways to deploy a "localized" version of Windows 10.

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