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  Microsoft Completes Acquisition of UMT and Outlines New Innovations in Enterprise Project Management
Time: 19:16 EST/00:16 GMT | News Source: Microsoft Press Release | Posted By: Jonathan Tigner

More than 1,500 business managers, technology professionals and developers gathered in Seattle this week for the sold out Microsoft® Office Project and Visio® conferences, where Microsoft Corp. CEO Steve Ballmer detailed advances in the upcoming releases of Microsoft Office Project and Microsoft Office Visio. In addition, Ballmer announced the completion of the acquisition of software and intellectual property assets from UMT, a leading project and portfolio management and consulting firm. The acquisition will provide Microsoft with new technology and talent that will complement and expand upon the existing Microsoft Office Enterprise Project Management (EPM) Solution.

“We’re excited because acquiring UMT will help us meet customers’ needs for deep portfolio management capabilities,” said Ballmer. “By combining our software and expertise, we’ll also create a new range of solution development opportunities for customers and partners.”

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