Microsoft Corporation acquired Onfolio Inc., a transaction announced in March 2006, structured as Asset acquisition (Microsoft acquired Onfolio's assets, not the entire company)..
Onfolio Inc. operates in Windows Live (Windows Live Toolbar / Windows Live Search), is based in Cambridge, Massachusetts. Onfolio provided internet research and information-management tools that let users save, collect, organize and share web information during online research. Microsoft acquired its assets to enhance Windows Live Toolbar and Windows Live Search.
To advance the Windows Live mission by improving web and desktop search, enabling users to retain, organize and consume information while browsing the internet.
The Windows Live mission is to harness the power of the Web in a way that lets people easily find the information and pursue the interests that deepen their relationships and enrich their lives.Christopher Payne, Corporate Vice President, Windows Live Search, Microsoft
Advisory firms were not disclosed for this transaction.