Monday, December 19, 2005

Microsoft to buy UMT software

Microsoft will acquire <A HREF="http://news.zdnet.com/2100-3513_22-5998084.html?tag=zdnn.alert">the software and intellectual property</A> of United Management Technologies to build into its Office software. Microsoft's purchase includes UMT's portfolio management products, which help companies identify and prioritize portfolios of projects, as well as deal with projects' deadlines, scopes and budgets. Microsoft will fold these assets into its Office Enterprise Project Management Solutions.

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