Microsoft Invests In Groove

from the it's-beginning dept

Just two weeks ago we posted a Red Herring article saying that, among other things, Microsoft should buy Groove Networks to help solidify their .NET strategy. Well, they did the next best thing, and invested $51 million for a good chunk of Groove. I would imagine they expect it to be a big part of .NET. No wonder Groove had been promoting their groove.net domain from the beginning...