Microsoft Corp. (NASDAQ: MSFT) may have paid $73 million for 332 acres in Leesburg at least in part to advance its effort to secure federal contracts that could pay off 100 times that, or more. The Redmond, Washington-based software giant is one of two finalists, along with Amazon Web Services (NASDAQ: AMZN), for the Defense Department's $10 billion Joint Enterprise Defense Infrastructure cloud computing contract. Microsoft is also considered a front-runner for the Defense Enterprise Office Solution procurement, or DEOS, worth an estimated $8 billion over 10 years. Read More...
Microsoft’s big bet? It may have spent $73M in Leesburg to win billions.
Microsoft Corp. (NASDAQ: MSFT) may have paid $73 million for 332 acres in Leesburg at least in part to advance its effort to secure federal contracts that could pay off 100 times that, or more. The Redmond, Washington-based software giant is one of two finalists, along with Amazon Web Services (NASDAQ: AMZN), for the Defense Department’s $10 billion Joint Enterprise Defense Infrastructure cloud computing contract. Microsoft is also considered a front-runner for the Defense Enterprise Office Solution procurement, or DEOS, worth an estimated $8 billion over 10 years.
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