Monday, December 3, 2007

Microsoft Buys Webfives

Seattle-based WebFives has been acquired by Microsoft, according to the company. Financial terms of the deal were not disclosed. WebFives, which was formerly known as Vizrea, provided an online service for sharing videos, photos, music, and blogs. According to WebFives, Microsoft has acquired all rights to WebFives technology, patents pending, trademarks, and software; the site will operate until the end of the year in order to allow its users to copy information on the site to their own PCs or other services.