Groove Networks

Groove Networks was an American software company that was founded in October 1997 by Ray Ozzie.

He is best known as the creator of Lotus Notes, the world's leading groupware product with over 128 million users (as of 2006, details of IBM Lotusphere 01 /2006).

For three years, until the end of 2000, Ray Ozzie had disappeared from the scene. In a former shoe factory in Beverly, Massachusetts, he has built up in that time, his new company with over 110 employees. Was financed by the development of groupware application Groove to 2005 Venture Capital in the amount of about 155 million U.S. dollars - including Lotus founder Mitch Kapor, Intel and Microsoft.

Today, Groove Networks, the leader in peer -to-peer platforms ( Groove Workspace ), the first major customers such as Glaxo Smith Kline has won with over 10,000 licenses and over 100 worldwide business partners.

Groove Networks was fully acquired by Microsoft in March 2005. The purchase price was 120 million U.S. dollars on Microsoft's previous investments have been credited with $ 80 million. Some earlier investors were left empty.

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