REDMOND, Washington (

TheStreet

) --

Microsoft

(MSFT) - Get Report

signed an agreement to develop products and services for the cloud-computing market in China.

The software giant, in a statement Tuesday, said it signed the deal with

China Standard Software

, a provider of Linux operating systems. Financial terms weren't disclosed.

Microsoft said the primary goal of the agreement was to "provide public and private cloud solutions to a diverse array of industries through a rich partner ecosystem."

The companies will sell the cloud-computing solutions to large enterprise clients such as online retailers, banks and government ministries, Sandy Gupta, general manager of Open Source Solutions Group at Microsoft, told reporters,

Reuters

reported.

The agreement could serve as a model for Microsoft to introduce similar cloud-computing projects in other emerging markets, Gupta said,

Reuters

reported.

-- Written by Joseph Woelfel

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Joseph Woelfel

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