Installing software to collaborate on PowerPoint slides is a drag. Signing into web-hosting services like GoToMeeting, for the same reason, isn’t much better.
Microsoft knows this, so it set out to solve the problem — but not by assigning a team of engineers and UX experts to come up with a remedy. Instead it decided to buy a startup that had already found an answer.
Late yesterday a Microsoft spokesperson confirmed the company had acquired Office productivity tool maker LiveLoop. Here’s what the statement said:
“Microsoft is excited to welcome the talented team from LiveLoop to help build great collaboration across Office applications, as part of our strategy and vision to reinvent productivity.”
LiveLoop will be permanently shuttered on April 24, the site acknowledges.
The terms of the sale have not been disclosed.