Microsoft to Acquire Groove Networks, Combining Talents to Create Anytime, Anywhere Collaboration Products and Services

Microsoft to Acquire Groove Networks, Combining Talents to Create Anytime, Anywhere Collaboration Products and Services: "Microsoft Corp. announced today that it will acquire Groove Networks Inc., a leading provider of collaboration software for the 'virtual office.' The deal unites two top innovators of technology that help geographically distributed workgroups be as productive as those that work in a single physical location. Financial terms of the acquisition were not disclosed.
The addition of Groove products to the lineup of Microsoft Office System products, servers and services builds on the capabilities of Microsoft's current collaboration products, allowing Microsoft to better meet the needs of organizations of all sizes that increasingly are creating borderless project teams comprising employees, customers, partners, suppliers, contractors and others.
'The acquisition of Groove complements Microsoft's collaboration offerings to include real-time, server-based and peer-to-peer solutions that address the ever-changing and more-complex work environment,' said Jeff Raikes, group vice president of Microsoft's Information Worker Group. 'Together, Microsoft and Groove will make anytime, anywhere collaboration a more natural and easy extension of how information workers coordinate their projects and document-centric work.'
The acquisition also brings to Microsoft the development talent and technology leadership of top Groove executives, including founder Ray Ozzie, a creator of IBM Corp.'s Lotus Notes. Ozzie will assume the role of chief technical officer, reporting to Bill Gates, Microsoft founder, chairman and chief software architect, with responsibility for influencing corporatewide communication and collaboration offerings and associated platform infrastructure. Ozzie also will continue his work with the Groove team, which will be part of Microsoft's Information Worker Group."

Congratulations to Ray and the rest of the Groove gang.

[I created this post at 9:05 EST but Blogger has been inaccessible most of the day...]