Microsoft Completes Acquisition of Collaboration Software Provider Groove Networks

Microsoft Completes Acquisition of Collaboration Software Provider Groove Networks: "Microsoft today completed its acquisition of Groove Networks, the Beverly, Mass.-based provider of collaboration software for ad-hoc workgroups, and will add Groove's products to the lineup of Microsoft Office System products, servers and services.
The acquisition makes the Groove product and team part of Microsoft's Information Worker Business; the team will continue to be based out of its Massachusetts offices. It also brings Groove founder Ray Ozzie and other top executives into the Microsoft ranks."