"The collaboration with Microsoft involves the release of portable class libraries, for sharing Microsoft .Net libraries across Microsoft devices and non-Microsoft devices, said S. Somasegar, Microsoft corporate vice president for company's developer division. Xamarin is integrating with Microsoft Portable Library projects in iOS and Android, making it easier to share code across devices, according to Xamarin."
Microsoft and Xamarin Partner Globally to Help You Build Great Apps | Xamarin Blog
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