Microsoft acquires file management firm
Microsoft acquires file management firm
In a bid to make more software-based services available to the online customers, Microsoft acquires a file management service s firm.

San Francisco: Microsoft Corp., the world's largest software maker, said on Thursday that it has acquired a company that provides file management services.

The service that will be available in collaboration with FolderShare, a privately held company based in Austin, Texas will allow users to access information from various devices over the web.

Microsoft said that the acquisition will help it bolster its new strategy of providing more software-based services over the Internet to customers, an initiative called Windows Live that was announced earlier this week.

"Our mission for Windows Live is to enable customers to easily find the information, pursue the interests and deepen the relationships that enrich their lives," said Vice President, Microsoft's MSN Internet division, Blake Irving.

Microsoft did not disclose how much it paid for the deal.

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