01:54 AM EST, 11/12/2026 (MT Newswires) -- Also Holding (ALSN.SW) created a new US joint venture with cloud-based collaboration company Intermedia, according to a Thursday release. The Swiss technology services company will hold a 51% stake in the new venture, with Intermedia owning the remaining 49%. As agreed, Also will contribute its cloud platform and Intermedia will provide its Microsoft cloud business, among others. The venture aims to generate 300 million euros in net sales in the medium term through new applications, vendors, and unique users.

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