Microsoft and Groove Networks
p2pnet.net News:- Microsoft and Groove Networks say they’ve joined forces in what’s destined to become an, “Anytime, Anywhere Collaboration” – a Groove slogan.
Ray Ozzie, the creator of IBM’s group product Lotus Notes, founded Groove Networks in October 1997.
Since then, the company has obtained more than $155 million in financing from Accel Partners, Microsoft, Intel Capital and private investors.
Now Ozzie is to become Microsoft cto, reporting to Bill Gates.
“Once the deal is completed, Groove will become part of Microsoft’s Information Worker Business, and will continue to be based out of its Massachusetts headquarters,” says Microsoft.
Financial terms weren’t disclosed.
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