Microsoft buys portfolio software for Office

by admin December 19, 2005 at 8:43 am

Portfolio-management products purchased from UMT will be folded into Microsoft’s flagship suite

Microsoft will acquire the software and intellectual property of United Management Technologies to build into its Office software, the companies said on Friday.

Microsoft’s purchase includes UMT’s portfolio management products, which help companies identify and prioritise 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.

Read more: ZDNet UK