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To connect your Azure Point-to-Site (P2S) VPN to another company's VPN for accessing their cloud resources, a Site-to-Site (S2S) VPN setup is typically required. P2S connections are intended for individual client devices.
NOTE: To access resources in the other company's cloud, a S2S VPN is typically required. This setup allows both networks to communicate securely.
Refer: https://learn.microsoft.com/en-us/azure/vpn-gateway/point-to-site-about
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Regards
Ganesh