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Microsoft has purchased San Francisco-based LiveLoop for an undisclosed amount, according to sources.
LiveLoop builds collaboration tools for Microsoft Office. Its first product was LiveLoop for PowerPoint, which is a PowerPoint plug-in that allows an entire team to collaborate on a document simultaneously.
According to the explanation on the Web site, "LiveLoop converts presentations into Web URLs that can be viewed from any computer or phone *without* installing any software," or using Web-hosting services for online meetings like GoToMeeting. Report: Microsoft Acquires Office Collaboration Tool Company, LiveLoop [zdnet.com]