China's Alibaba and Japan's SoftBank jointly announced ta deal to expand services in the Japanese cloud computing market and bring Chinese cloud computing and big data technologies to Japanese enterprises.
According to the agreement, Alibaba and SoftBank will establish a cloud computing joint venture and set up a data center in Japan to provide Alibaba's Aliyun cloud computing and big data products and solutions to Japanese enterprises. SoftBank will focus at the marketing and sales level, while Alibaba will focus on the technology and product level.
Financial terms of the deal were not released.
Eric Gan, chief executive officer of the new joint venture, said that they are glad to cooperate with Aliyun. During the cooperation discussion, they have formed common goals and a good team spirit. In the future, they will provide leading cloud computing products and solutions to Japanese enterprises.
Yu Sicheng, vice president of Aliyun, said that with the cooperation, the two parties will utilize Aliyun's product and technology advantages and SoftBank's market experience and network to jointly expand the international cloud computing market; allow more enterprises and organizations to use cloud computing network to support global businesses; and convert computing to business value for small businesses.