04:38 PM

Microsoft Acquires File-Sharing Service

FolderShare allows subscribers to create a private peer-to-peer network to synchronize files across multiple devices and access or share files with other people.

Microsoft Corp. on Thursday said it has acquired file-sharing service FolderShare, a move that's part of the software giant's recently announced strategy of making its products available as Web services. Financials details were not disclosed.

FolderShare, owned by Austin, Texas-based, ByteTaxi Inc., allows subscribers to create a private peer-to-peer network to synchronize files across multiple devices and access or share files with other people. The service, which is available at no charge and requires a software download, is marketed as an easier way to share files than through email, uploading to a Web site or burning them to CDs or DVDs.

On Tuesday, Microsoft chairman Bill Gates told a San Francisco news conference that the company was developing a new wave of "live software" that would be available over the Web as a service. Microsoft is betting that it can make money by offering software supported by advertising instead of licensing. The company would continue to also sell packaged software.

Microsoft is feeling the pressure from growing companies that are offering software as a service, like Google Inc. and Yahoo Inc. on the consumer side, and and NetSuite Inc. on the business side. The software giant's first products under its new strategy include Windows Live, which is being tested and would include FolderShare.

Windows Live combines a portal that features search, email, instant messaging, online maps and Internet telephone with other applications. In announcing the service, Gates said it would automatically update files and preferences across any number of devices users chose to use for access.

“I’m thrilled with the acquisition of FolderShare and the opportunity to offer this technology with Windows Live software and services," Blake Irving, corporate vice president of the MSN Communication Services and Member Platform group at Microsoft, said in a statement. "FolderShare technology will help customers access their information anytime, anywhere and on multiple devices, unifying their overall experience.”

Microsoft planned to continue operating FolderShare for new and current subscribers.

The acquisition was the second announced on Thursday. The Redmond, Wash., software maker said it had acquired Switzerland-based AG, which builds Internet telephony applications that integrate with Microsoft's Outlook and Exchange email software.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends to Watch in Financial Services
IT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on for the week of August 21, 2016. We'll be talking with the editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.