Pacts with Kazakhstan to Boost Trade Ties

150 150 MIMOS Berhad

MIMOS Bhd has signed a US$10 million (RM30.7 million) deal with Kazakhstan’s The Kazakh Research Institute of Information Technologies to establish a centre of excellence on cloud computing. Location of the project was not disclosed.

Cloud computing is the delivery of computing as a service rather than a product, whereby shared resources, software and information are provided to computers and other devices as a utility (like the electricity grid) over a network (typically the Internet).

In a statement yesterday, MIMOS, or Malaysian Institute of Microelectronic Systems, said it will establish a jointventure entity to access the Kazakh commercial market for the next three years.

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