• Most Popular
  • Most Shared
Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness.   REUTERS/Philippe Wojazer

Pictures of the year: Technology

A look at the year's best science and technology photos.   Slideshow 

    Microsoft to buy corporate group-chat provider

    SEATTLE
    Wed Aug 29, 2007 9:28pm EDT

    Stocks

       
    A technician adjusts a spotlight at the exhibition stand of Microsoft in preparation for the CeBIT computer fair in the northern German town of Hanover March 12, 2007. Microsoft Corp <MSFT.O> agreed to acquire Parlano, which provides technology to allow companies to create group chat sessions for employees, and add the application to its portfolio of communication offerings. REUTERS/Christian Charisius

    SEATTLE (Reuters) - Microsoft Corp (MSFT.O) agreed to acquire Parlano, which provides technology to allow companies to create group chat sessions for employees, and add the application to its portfolio of communication offerings.

    The world's largest software maker announced the deal on Wednesday and expects the acquisition to close in the fourth quarter of 2007. Microsoft did not disclose financial terms.

    Parlano, a Chicago-based company spun off from Swiss bank UBS (UBSN.VX)(UBS.N), has about 50 employees and is backed by Longworth Venture Partners and Oak Investment Partners.

    Parlano's MindAlign group chat application started as a dealing room tool to let traders in various locations share market-moving information.

    Microsoft said it decided to buy Parlano instead of trying to build a competing application because MindAlign already has a long list of customers running the program, including Deutsche Bank AG (DBKGn.DE) and Putnam Investments.

    Microsoft plans to offer the group chat application as part of its "unified communication" offering, which delivers telephone, e-mail, messaging and Web conferencing over Internet networks.

    It will add the group chat feature to Microsoft Office Communications Server and Microsoft Office Communicator.



    More from Reuters

    Photo

    Democrats gain 60th vote on health bill

    WASHINGTON (Reuters) - Senate Democrats reached a compromise on Saturday with the last holdout senator that secured the 60 votes they need to pass a broad healthcare overhaul sought by President Barack Obama.

    A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

    The food-stamp economy

    On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

    Two men shake hands in a file photo.    REUTERS/File

    Let's make a deal

    The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article