TOKYO, Dec 24 (Reuters) - Fujitsu Ltd, Japan's leading IT vendor, will invest more than $1.2 billion in cloud computing services next financial year, its president said Friday.
Fujitsu is looking for new products and services as it tries to counter a crimp on corporate and public spending on new IT services amid weak economic growth that is pressuring earnings.
(Reporting by Reiji Murai; Writing by Tim Kelly; Editing by Edwina Gibbs) ($1=82.96 Yen) Keywords: FUJITSU/ (tim.kelly@thomsonreuters.com; +81-3-6441-1311; Reuters Messaging: tim.kelly.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Fujitsu is looking for new products and services as it tries to counter a crimp on corporate and public spending on new IT services amid weak economic growth that is pressuring earnings.
(Reporting by Reiji Murai; Writing by Tim Kelly; Editing by Edwina Gibbs) ($1=82.96 Yen) Keywords: FUJITSU/ (tim.kelly@thomsonreuters.com; +81-3-6441-1311; Reuters Messaging: tim.kelly.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.