mCloud Alliance brings together 18 higher education institutions (HEIs) and small and medium enterprises (SMEs) to develop Cloud-based European infrastructure and organisation for education in microelectronics providing a range of open educational resources (OERs), remote access and sharing of educational and professional software, remote and practice-based learning facilities. Neither university can afford the necessary infrastructure, clean rooms, technology and experts in all fields of this multidisciplinary science. Sharing of laboratory experiences, CAD tools, project ideas, and a common infrastructure represents a sort of “educational cloud” on top of the cloud software/hardware infrastructure. 8 European HEIs and 8 SMEs will jointly develop e-learning materials for at least 16 courses on: CAD and technologies, test, and application of integrated circuits and systems, and we will deliver them as OERs to strengthen the virtual mobility. Each university will provide remote access to its facilities, laboratory experiments/software systems for the partners in a cloud teaching system, giving them access to new resources. The impact on the students will be in the highest quality of the specialised courses developed by the best departments in the field, the opportunity to train practical skills and competences with remote access to laboratories with advanced equipment and facilities, for the teachers – rich infrastructure and new shared teaching materials, for universities - the European dimensions in HE: curricular development, virtual mobility of students and academic staff, integrated programmes of study, training and research. The impact of the university-business alliance will be in the education responsive to the labour market needs, graduated students prepared for the job, enterprises satisfied by the knowledge and skills of young specialists.