Microsoft to buy PlaceWare
eWeek | at | by Mike
Microsoft Corp. announced Tuesday that it has entered into an agreement to acquire privately-held Web conferencing service provider PlaceWare Inc. Terms of the deal, which is expected to close this quarter, were not disclosed. In tandem with the acquisition, Microsoft announced today that it has formed a new business unit, the Real Time Collaboration Group. Former Stanford University professor Anoop Gupta, a senior researcher in Microsoft Research's Collaboration and Multimedia Group, will head the new business unit. Gupta will report to Jeff Raikes, group vice president of Productivity and Business Services at Microsoft.