IBM partners with Tencent, China's largest Internet company, to offer enterprise-level, industry specific cloud services.
IBM has reached a memorandum of understanding with a Chinese cloud service provider, Tencent Cloud, to offer a new level of services in China aimed at enterprise customers.
Tencent already has an extensive cloud presence in China. Under the agreement, it will build it out further and market "a new class of public cloud tailored for industries," the announcement said. Tencent has more users than Twitter, Facebook, and Google combined, an IBM spokesman said. Tencent has "nearly one billion" Chinese users, according to the announcement.
Not commonly known in North America, Tencent is China's largest Internet service provider and considered one of the world's largest Internet companies, trailing only Google, Amazon.com, and eBay. Its headquarters are in the Nanshan District, Shenzhen, China.
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