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Microsoft to invest $1.1 billion in Mexico over next five years: CEO
Reuters ^ | Feb 20, 2020 | Reuters Team

Posted on 02/20/2020 3:17:17 PM PST by dayglored

MEXICO CITY (Reuters) - Microsoft (MSFT.O) Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government on Thursday.

Nadella said the investment is “focused on expanding access to digital technology for people and organizations across the country.”

Microsoft will build a new data center to deliver “client services to help every organization to really get an advantage and drive digital transformation,” added Nadella.

The U.S. company will also invest in training labs and skills programs, Nadella said.

Mexican President Andres Manuel Lopez Obrador, speaking during his daily morning conference, said the investment showed Mexico was an attractive investment destination, touting a strong local currency, stable inflation, and prudent debt management by the government.

The leftist president has faced criticism his government’s policies have turned off local and foreign investors, which contributed to the economy last year contracting 0.1 percent in Mexico’s first annual decline in a decade.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Computers/Internet; Hobbies
KEYWORDS: mexico; microsoft; nadella; windowspinglist
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Is this good? Is this bad? Opinions...
1 posted on 02/20/2020 3:17:17 PM PST by dayglored
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To: Abby4116; afraidfortherepublic; aft_lizard; AF_Blue; AppyPappy; arnoldc1; ATOMIC_PUNK; bajabaja; ...
Microsoft in Mexico ... PING!

You can find all the Windows Ping list threads with FR search: just search on keyword "windowspinglist".

2 posted on 02/20/2020 3:17:47 PM PST by dayglored ("Listen. Strange women lying in ponds distributing swords is no basis for a system of government."`)
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To: dayglored

Look at it this way. Bill is out for one person....Bill!


3 posted on 02/20/2020 3:25:23 PM PST by Sacajaweau
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To: dayglored

“ Mexican President Andres Manuel Lopez Obrador, speaking during his daily morning conference, said the investment showed Mexico was an attractive investment destination, touting a strong local currency, stable inflation, and prudent debt management by the government.“

No way is Mexico a stable place. Cartels own the place and illegals use Mexico as a waypoint to free stuff in the USA.

They would be nuts to waste a few billion there.


4 posted on 02/20/2020 3:25:46 PM PST by Redcitizen (Nobody needs a 10 round magazine. You need a 30 round magazine.)
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To: dayglored

The USMCA is a big reason....who knows...maybe draining California of tech and sending it to Mexico may shift the politics of those areas.


5 posted on 02/20/2020 3:26:27 PM PST by Erik Latranyi (The Democratic Party is communism)
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To: Sacajaweau
> Look at it this way. Bill is out for one person....Bill!

AFAIK Bill (Gates) is no longer associated with Microsoft in a way that would affect, or be affected by, this investment. He's busy with his Foundation...

6 posted on 02/20/2020 3:28:51 PM PST by dayglored ("Listen. Strange women lying in ponds distributing swords is no basis for a system of government."`)
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To: dayglored

What’s the matter with the good old USA,Bill?


7 posted on 02/20/2020 3:30:55 PM PST by Gay State Conservative (The Rats Can't Get Over The Fact That They Lost A Rigged Election)
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To: dayglored

To my eye, this looks like an investment in Microsoft “Cloud” services.”

If they can get a huge chunk of Mexican businesses wired into the Microsoft Cloud, that will be very profitable for many years into the future.


8 posted on 02/20/2020 3:34:54 PM PST by zeestephen
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To: zeestephen

The cartels can keep better track of their books, cooking methods, distribution routes and share hit lists.


9 posted on 02/20/2020 3:39:09 PM PST by bleach (If I agreed with you, we would both be wrong.)
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To: dayglored

yeah because we wouldnt want to invest in the US.


10 posted on 02/20/2020 4:01:58 PM PST by Chickensoup (Voter ID for 2020!! Leftists totalitarian fascists appear to be planning to eradicate conservatives)
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To: dayglored

The more and better jobs they have there, the less reason to come here.


11 posted on 02/20/2020 4:05:14 PM PST by RedStateRocker (Nuke Mecca. Deport all illegals. Abolish the DEA, IRS and ATF,.)
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To: dayglored
Mexican President Andres Manuel Lopez Loprez Obrador
12 posted on 02/20/2020 4:12:03 PM PST by VeniVidiVici
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To: dayglored
"...Mexico was an attractive investment destination, touting a strong local currency, stable inflation, and prudent debt management by the government."

BS. If $1,500 makes it thru to the project, after payoffs to corrupt gov't officials and cartels, it'll be a miracle.

Most likely, after all the money is spent on graft, corruption, this'll be MS' HQ and server farm:


13 posted on 02/20/2020 4:49:27 PM PST by carriage_hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Gay State Conservative

>>>What’s the matter with the good old USA,Bill?

I think firms generally want to put their data centers close to their users. If you are selling cloud services to Mexican firms, you probably want to have your data centers in Mexico.


14 posted on 02/20/2020 5:25:19 PM PST by oincobx
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To: Erik Latranyi

Lying, cheating H1Bs won’t like that at all... Good. Good.


15 posted on 02/20/2020 6:35:52 PM PST by Starcitizen (American. No hypenation necessary. Send the H1B and H4EAD slime home. American jobs for Americans)
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To: dayglored

I favor investments that strengthen economies in our hemisphere.


16 posted on 02/20/2020 6:47:54 PM PST by truth_seeker ( ^^\/**|_|**\/ ^^^^)
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To: dayglored

This is good imho.

Microsoft jobs are multiplier jobs - 1 of these will leads to hundreds in supplementary jobs. Plus Microsoft has a whole host of partners who then create jobs that provide software within the country.

This will improve Mexico’s economy and reduce migrants heading north. Already most of the migrants coming are not Mexicans but Central Americans - and as things improve, the Central Americans will stay in Mexico (as it is culturally and linguistically closer).


17 posted on 02/20/2020 6:54:44 PM PST by Cronos (Re-elect President Trump 2020!)
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To: zeestephen

Correct - Azure is already winning over AWS as Microsoft isn’t a competitor to CS users like AWS’s parent is


18 posted on 02/20/2020 6:56:07 PM PST by Cronos (Re-elect President Trump 2020!)
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To: carriage_hill

Where’s the satellite dish?
(Or do they have Verizon Fios?)
/sarc>


19 posted on 04/09/2020 9:31:45 AM PDT by justme4now (Falsehood flies, and the Truth comes limping after it)
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To: dayglored

Beats China.


20 posted on 04/09/2020 9:32:17 AM PDT by dfwgator (Endut! Hoch Hech!)
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