Large initiative: The venture between IBM and Wanda Internet Technology Group will be responsible for distributing, building and operating the IBM cloud platform in China.
SHANGHAI: IBM and a unit of China's Dalian Wanda Group, a property and entertainment conglomerate, agreed on Sunday to team up to provide cloud services to Chinese companies, the US technology provider said.
Through a newly formed venture, Wanda Cloud Company, they will offer select IBM cloud infrastructure and platform as a service (IaaS and PaaS) technologies in China, IBM said.
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