Financial Times FT.com

Microsoft to buy software-maker Groove

Microsoft, the world’s largest software maker, on Thursday said it would buy Groove Networks Inc. in order to offer software that allows groups of people to work together regardless of location.

Groove, whose products let people share information and collaborate on common tasks and documents over the Internet, was founded in 1997 by Ray Ozzie, a creator of IBM Corp.’s Lotus Notes.

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