Microsoft Corporation acquired Flash Communications, a transaction announced in February 1998.
Flash Communications operates in Enterprise real-time communications (later MSN Messenger / NetMeeting). Flash Communications was a provider of corporate (enterprise) instant-messaging software. After the acquisition, Flash's team joined Microsoft and helped lead development of the company's enterprise real-time collaboration offerings, including instant messaging, chat, voice over IP and NetMeeting. No dedicated Microsoft newsroom release for this small 1998 deal is reachable; the acquisition is documented on Microsoft's official investor acquisition-history page.
Add enterprise instant-messaging technology and talent to Microsoft's real-time communications efforts.
Advisory firms were not disclosed for this transaction.