Microsoft Corp. (MSFT) unveiled a new discount program for its largest software customers, a move the company said will improve the way it brings products and services to market while supporting ongoing customer relationships.

But it could cut into margins, as the software company gets about 85% of its business from the Windows and Office programs.

Under the program - set to be rolled out this fall - larger companies with multiple business units will be offered flexibility in purchasing, streamlined license management and reduced time and potential costs of renegotiating licensing agreements.

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