Microsoft beefs up 'Live' with acquisition

ENT News | at | by Mike

In the wake of this week's announcement of Windows Live and Office Live, Microsoft announced the acquisition Thursday of an online service with a technology that dovetails with those plans.

Even as Microsoft moves quickly to augment the online services, some analysts and observers have expressed skepticism that Microsoft?s service offerings are anywhere near ready for prime time.

The newly acquired service is FolderShare, which provides file synchronization and remote access technology to enable users to access information across multiple devices. Financial terms weren't disclosed for the purchase of the service from Austin, Texas-based ByteTaxi Inc., which was founded in 2002.