Latest in Gear

Image credit:

Microsoft to raise some UK prices by up to 22 percent over Brexit

The software giant is the latest tech company to cushion the impact of the falling pound.
Matt Brian, @m4tt
10.24.16
Share
Tweet
Share

Sponsored Links

Billy H.C. Kwok/Bloomberg via Getty Images

Like it or not, the outcome of the Brexit vote has caused a lot of financial uncertainty in the UK. The government has yet to decide which course to take when it invokes Article 50, effectively triggering an exit from the European Union, but some major tech companies have already moved to reduce the impact of the falling pound. In a recent blog post, Microsoft shared that it too will soon amend prices, confirming that from January 1st, 2017, business software pricing will rise by 13 percent and cloud services will see a 22 percent increase.

Microsoft's changes come as part of a periodic assessment of its local pricing "to ensure there is reasonable alignment across the region." The fall in the value of the pound resulted in Apple hiking hardware prices in September, although the Redmond company says that consumer software like Office 365 and cloud services will not be impacted. However, because Microsoft doesn't set the pricing offered by resellers, partners could still decide to implement their own increases.

For customers with existing agreements, they'll likely be protected from Microsoft's price hikes until they renew their subscription. "Customers with Enterprise Agreements have price protection on previously ordered enterprise software and cloud services, and will not experience a price change during the term of their agreement," the company says. "Similarly, business customers with cloud commitment subscriptions such as Office 365 also receive price protection during their subscription term, which is normally twelve months from the start of paid subscription."

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

FCC will require phone carriers to authenticate calls by June 2021

FCC will require phone carriers to authenticate calls by June 2021

View
SpaceX aborts Falcon 9 launch with rare 'Liftoff! Disregard' sequence

SpaceX aborts Falcon 9 launch with rare 'Liftoff! Disregard' sequence

View
Apex's electric supercar includes an AR race coach and partial self-driving

Apex's electric supercar includes an AR race coach and partial self-driving

View
Accidental cross-play makes Star Wars 'Jedi Academy' a console bloodbath

Accidental cross-play makes Star Wars 'Jedi Academy' a console bloodbath

View
Ubisoft offers free games to encourage you to stay at home

Ubisoft offers free games to encourage you to stay at home

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr