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Mergers & Acquisitions

May 20, 2003

Software Giant Has Hand in Online Conferencing Market

Software giant Microsoft Corp. has purchased PlaceWare Inc. of Mountain View, creating a formidable new competitor in the online conferencing market.

By Toni Vranjes
        Software giant Microsoft Corp. has purchased PlaceWare Inc. of Mountain View, creating a formidable new competitor in the online conferencing market.
        PlaceWare offers subscription-based Web-conferencing services, in which the company hosts interactive online meetings. The purchase price is $200 million, according to...

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