French mobile telephone operator SFR, a unit of Vivendi SA (VIV.FR), and software company Dassault Systemes (DSY.FR), have teamed up to set up cloud computing services for companies, French magazine Challenges reported.

In cloud computing, users store data not on computers or on local servers but remotely and is maintained by servers that may be in several locations.

SFR and Dassault will compete with a project set up by French defense and electronic systems company Thales SA (HO.FR) and France Telecom SA (FTE.FR), the magazine said on its website citing information from the industry ministry.

The French government will select one of the two projects and will partly finance it, the magazine said.

Newspaper Web site: http://www.challenges.fr

-By Paris Bureau, Dow Jones Newswires; 33-1-4017 1740; inti.landauro@dowjones.com

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