3/11/2005

Microsoft's plans to acquire Groove Networks

Microsoft, Groove Networks to Combine Forces to Create Anytime, Anywhere Collaboration

Microsoft's plans to acquire Groove Networks, a leading provider of collaboration software for ad-hoc workgroups," will allow the company to better meet the needs of large and small organizations for borderless project teams, as well as bring Groove founder Ray Ozzie and other top executives to Microsoft.

Ray Ozzie: Microsoft's current collaboration products and Groove build on each other's strengths. Distributed teams can use Groove to create ad-hoc workspaces that reside on team members' PCs and later have the documents, plans and other workspace content published to a managed SharePoint Web Portal. Or an individual can bring content from a SharePoint site into a Groove workspace on his or her laptop -- in order to work on that content with others, to automatically and securely synchronize it between home and work computers, or just to stay productive when temporarily disconnected from the network.

EROL

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