Microsoft to Acquire MongoMusic
Microsoft is boosting its Microsoft Network with the addition of MongoMusic, a music search site. A $65 million all stock trade deal is currently being negotiated by the companies. Most of the employees of MongoMusic would then move to the Redmond campus. Hidden in the deal is Ted Tanner, former Apple Computer audio architect along with 4 other Apple employees who joined the MongoMusic team earlier this year. So Microsoft continues its warpath of purchasing companies from all over the place, in all aspects of technology, to continue bringing new technologies to computer users everywhere.
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