News

Microsoft to Acquire PlaceWare

Microsoft has agreed to buy Web conferencing services provider PlaceWare Inc. and plans to add the company's assets to a new Real-Time Collaboration Group inside Microsoft's Information Worker business.

Microsoft did not disclose how much it is paying for the privately held PlaceWare. The deal is expected to close this quarter. PlaceWare officials have previously said that the company's 2002 revenues were expected to reach about $50 million. The company ranked fourth on the Silicon Valley/San Jose Business Journal's 2002 list of fastest-growing private companies in Silicon Valley.

PlaceWare provides services for Web meetings using browsers and telephones. The company also offers audio Webcasts, white boarding, shared spreadsheet presentations and chats.

Microsoft was familiar with PlaceWare from some collaboration the two companies were doing on Windows Messenger.

Microsoft's Real-Time Collaboration Group would presumably group PlaceWare with related technologies such as Windows Messenger, NetMeeting and the "Greenwich" RTC server that is supposed to ship sometime after Windows Server 2003.

Leading that group will be Anoop Gupta, a Microsoft Research veteran who has been serving recently as technical advisor to Bill Gates.

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

  • Nebula

    Ahead of AGI, Microsoft and OpenAI Redefine Their Partnership

    In a recapitalization announced Tuesday, OpenAI has launched a new public benefit corporation (PBC) called OpenAI Group, giving Microsoft a 27 percent ownership stake valued at approximately $135 billion.

  • Veeam Acquires Securiti AI To Unify Data Resilience and AI Security

    Veeam Software is making a strategic move into AI and data security by acquiring Securiti AI for $1.7 billion.

  • Microsoft Adds 'Mico' Virtual Assistant to Copilot in Major Fall Update

    In a significant feature update, Microsoft on Thursday said it is reshaping its Copilot AI platform with features that deepen user personalization and enable real-time group collaboration, among other perks.

  • Nutanix Partner Central Rolls Out To Boost Channel Engagement

    Nutanix on Wednesday launched a new platform, Partner Central, to give its channel partners a unified digital workspace for managing sales, tracking incentives and collaborating more effectively.