PlaceWare, Inc. Announces Its Acquisition by Microsoft Is Complete

PlaceWare, Inc. Announces Its Acquisition by Microsoft Is Complete "About PlaceWare, Inc. -- A Microsoft Company
PlaceWare is a leader in real-time "carrier class," multimedia platform and application services for Web-based communication and collaboration, both inside and outside corporate firewalls. Enterprise customers prefer PlaceWare Web conferencing because of its scalable, reliable and security-enhanced browser-based architecture, which is based on technology developed and tested at Xerox PARC. The company offers unparalleled performance for all types of Web-based collaboration, from large-scale meetings with up to thousands of attendees to small collaborative meetings, presentations and e-learning sessions. Founded in 1996, PlaceWare has already attracted more than 3,300 leading organizations that see Web conferencing as a natural evolution in helping their businesses compete more effectively in the global marketplace. PlaceWare helps companies host thousands of simultaneous Web meetings, simply using Web browsers and telephones."

Done deal. Summary includes new team leadership roster.