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Microsoft Announces Its Intention to Acquire PlaceWare | |
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| Time: 00:27 EST/05:27 GMT | News Source: Microsoft Press Release | Posted By: Robert Stein | ||
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Microsoft Corp. today announced it has entered into an agreement to acquire PlaceWare Inc., a leading provider of Web conferencing services that enable businesses to conduct real-time, interactive presentations and meetings over the Internet. By combining key assets and working in tandem, the two companies aim to provide customers with innovative and easy-to-use online conferencing solutions that will help connect more people seamlessly in a real-time conferencing environment. Microsoft also hopes to provide industry partners with improved technologies they can use to develop and deliver new custom business solutions that take advantage of advanced real-time collaboration capabilities. As PlaceWare is a privately held company, terms of the agreement were not disclosed. | ||
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