Банкеръ Weekly



The software giant Microsoft has invested about USD4MN in its local unit within the five years since the opening of its Sofia-based office, Microsoft Bulgaria Managing Director Teodor Milev said in front of the BANKER weekly. The Bulgarian representatives of the software behemoth marked the fifth anniversary on Wednesday, May 26, entertaining their guests (friends, clients and partners) at the Boyana Residence with a splendid celebration including fireworks and a show programme. Neil Holloway, Vice President, Sales Marketing - Microsoft Europe, Middle East and Africa, a special guest at the celebrations, inaugurated a sun dial of the company in the garden in front of the National Palace of Culture. Microsoft Bulgaria Managing Director Teodor Milev was handed a congratulatory letter from Steve Ballmer, CEO of Microsoft Corp.There is yet a lot to be done in Bulgaria. We should increase investments in education, improve the level of technical maintenance and the maintenance of small and medium-sized business, Mr. Milev pointed out. He specified the company intended to invest USD500,000 in projects for the Bulgarian schools and universities over the next five years.This is money that we'll invest without expecting any returns, he added, explaining that Microsoft Bulgaria has invested about BGN500,000 in education programmes so far. In the end of last week the software giant Microsoft reached an agreement for joint operation with its rival Oracle, Financial Times reported. The agreements are directly related with the companies' development of software products for INTERNET. Oracle, together with IBM and Sun, uphold the use of Java for the development of such applications, thus making that programme language a standard for the IT departments of consumers. Microsoft, on its part has a similar technology of its own - Dotnet - which is Java's competitor. Until recently Oracle's founder and CEO Larry Ellison has been one of Microsoft's most ardent critics. Now, Oracle insiders say they will ensure greater consistency of their software for database with Microsoft's applications for the development of software. Thus, it will be easier of the big companies which use database of Oracle to work out applications, based on the platforms of Microsoft.

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