Microsoft acquires portfolio management firm
ENT News | at | by Mike
In a little-noticed move that promises to change the landscape for project portfolio management software vendors and consultants, Microsoft announced Thursday it has completed its acquisition of New York-based UMT.
Microsoft expects to combine UMT?s technology and expertise with its own Office Enterprise Project Management solution, which is built on Office Project Professional 2003 and Office Project Server 2003.
UMT is a project and portfolio management software and consulting firm that helps companies create, manage and optimize project, application, product and process portfolios.