Microsoft has announced a partnership with Intel and CircuitCo to help design a low price hardware development board similar in concept to the Raspberry Pi and Arduino. The $300 board will be called Sharks Cove and is powered by a quad core Intel Atom Z3735G, 1GB of RAM, 16GB of flash storage, and a MicroSD slot. The board is more expensive when compared to other products in the marketplace, but Microsoft may be targeting different users with it. The Sharks Cove website states, "The primary target usage of the Sharks Cove board is for development of subsystems for Intel Atom based Tablets and Mobile devices, but this development board can be used for any Windows or Android based system which uses the Atom processor."
Source: Ars Technica