Microsoft Hikes U.K. Prices of Enterprise Products Amid Brexit
- Software, cloud for companies more expensive as pound slumps
- Price increases as much as 22 percent, Microsoft says
Surface 2 tablets on display for members of the media the look at after an announcement event in New York, U.S., on Monday, Sept. 23, 2013.
Photographer: Ron Antonelli/BloombergThis article is for subscribers only.
Microsoft Corp. will increase the price of its enterprise software and cloud offerings in the U.K. by as much as 22 percent to adjust to the falling pound in the aftermath of Britain’s vote to leave the European Union.
From Jan. 1, prices of on-premises enterprise software will be hiked 13 percent, while those of cloud services will increase 22 percent, all to realign with euro-based contracts, the company said in a blog post. Consumer software or cloud products won’t be affected, Microsoft said.