Tag Archives: Microsoft

The Grooves of Microsoft

Commentary

In July of 2015, Microsoft announced it would change the name of its Xbox Music app to Groove Music. The move created a lot of confusion because there was already another music app available on iOS named Groove Smart Music Player made by Montreal-based company Zikera. To exacerbate the confusion, there was also a third company called Groove Networks. The company was acquired by Microsoft in 2005 from its founder Ray Ozzie, the creator of IBM’s Lotus Notes application, and Microsoft later changed the name to Microsoft Sharepoint Workspace. Microsoft finally solved the branding dilemma by acquiring Groove Smart Music Player and its associated domain name from Zikera. Analysts have concluded the deal was all about the name so that Microsoft could avert any legal issues relating to the use of Groove.

You can read about the acquisition here.

Microsoft acquires LiveLoop

Commentary
Collaborating with co-workers on an important PowerPoint presentation can be quite tedious. It usually requires numerous email exchanges with attached PowerPoint files and clunky revisions. Microsoft’s recent acquisition of LiveLoop is about to make the process a whole lot easier. LiveLoop has technology that can convert PowerPoint files into URLs that anyone can view from a computer or smartphone without the need to install software. So instead of having to send emails with a PowerPoint file attached, users can simply share the URL and start collaborating. Everyone’s view will be in sync with the presenter’s file and any member of the team can revise the presentation at any time. Microsoft did not reveal the financial details of the deal but confirmed that LiveLoop’s technology will improve on their existing Office applications in an effort to help build the company’s strategy and vision to reinvent productivity. Even before LiveLoop, Microsoft had already been on an acquisition spree, snapping mobile email app developer Acompli and mobile calendar app developer Sunrise.

Top 20 Mobile & Apps Deals for February 2015

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $600,000,000 Kuaidi Dache Consortium Mobile & Apps Investment
2 $485,000,000 Snapchat Consortium Mobile & Apps Investment
3 $100,000,000 APUS Group Consortium Mobile & Apps Investment
4 $100,000,000 Sunrise Microsoft Mobile & Apps Acquisition
5 $55,000,000 App Annie Consortium Mobile & Apps Investment
6 $50,000,000 Moovit Consortium Mobile & Apps Investment
7 $50,000,000 AppDirect Consortium Mobile & Apps Investment
8 $36,000,000 Metaps Undisclosed Mobile & Apps Investment
9 $20,000,000 Defense Mobile Consortium Mobile & Apps Investment
10 $20,000,000 AppsFlyer Consortium Mobile & Apps Investment
11 $20,000,000 Lizhi.FM Consortium Mobile & Apps Investment
12 $15,000,000 Reserve Consortium Mobile & Apps Investment
13 $15,000,000 Branch Metrics New Enterprise Associates, Ben Narasin Mobile & Apps Investment
14 $12,000,000 Button Consortium Mobile & Apps Investment
15 $11,000,000 MileIQ Consortium Mobile & Apps Investment
16 $10,000,000 Roadie Consortium Mobile & Apps Investment
17 $10,000,000 PicsArt Sequoia Capital Mobile & Apps Investment
18 $8,000,000 Depop Balderton Capital, Holtzbrinck Ventures Mobile & Apps Investment
19 $7,800,000 Coffee Meets Bagel Consortium Mobile & Apps Investment
20 $7,000,000 Jampp Consortium Mobile & Apps Investment

More information

  1. KuaiDi Dache Raises US$600M in Funding (FinSMEs)
  2. Snapchat Raises $485M in Funding (FinSMEs)
  3. APUS Group Raises $100M in Series B Financing (FinSMEs)
  4. Microsoft Is Acquiring Calendar App Sunrise For North Of $100 Million (TechCrunch)
  5. App Annie Closes $55M Series D Funding (FinSMEs)
  6. Moovit Closes $50M Series C Funding (FinSMEs)
  7. AppDirect Raises $50M in Series D Funding (FinSMEs)
  8. Metaps Completes $36M Series C Financing (FinSMEs)
  9. Defense Mobile Completes $20M of Series A Financing (FinSMEs)
  10. AppsFlyer Raises $20M in Series B Funding (FinSMEs)
  11. Xiaomi, Shunwei, Matrix In $20M Series C For Lizhi.FM (China Money Network)
  12. Reserve Raises $15M in Series A Funding (FinSMEs)
  13. Branch Metrics Raises $15M in Series A Funding (FinSMEs)
  14. Button Raises $12M in Series A Funding (FinSMEs)
  15. MileIQ Closes $11M in Financing (FinSMEs)
  16. Roadie Raises $10M in Series A Funding (FinSMEs)
  17. PicsArt Secures $10M in Series A Funding (FinSMEs)
  18. Depop Raises $8M Funding Round (FinSMEs)
  19. Coffee Meets Bagel Closes $7.8M in Series A Funding (FinSMEs)
  20. Jampp Raises $7M in Series A Funding (FinSMEs)

A dinosaur no more?

Commentary
Having been perceived as a tech dinosaur, Microsoft is in the process of trying to reinvent itself. Part of its reinvention involves acquiring startups that can help revamp its mobile apps and improve its other platforms. Last December, Microsoft acquired Acompli, the mobile equivalent of Microsoft Outlook and quickly re-branded it as Microsoft Outlook for iOS and Android. Today, it acquired Sunrise, a suite of calendar products for mobile and desktop users that can consolidate calendars from different providers. These two acquisitions indicate that Microsoft is truly pushing forward to deliver utmost productivity across mobile platforms, a move that is in line with Microsoft CEO Satya Nadella’s mobile first, cloud first strategy. We expect to see more investments and acquisitions by Microsoft in the mobile space.You can read about the acquisition of Sunrise here.