Microsoft Corporation acquired XDegrees, a transaction announced in September 2002, structured as Acquisition (terms not disclosed).
XDegrees is based in United States (Mountain View, California). XDegrees was a Mountain View, California startup that developed peer-to-peer and distributed file/storage technology for secure, Web-based information exchange across the extended enterprise. Microsoft acquired the company for its technology and engineering team. No official press release for the acquisition is indexed on Microsoft's newsroom; the deal appears on Microsoft's investor acquisition-history page.
Acquire peer-to-peer / distributed information-exchange technology and talent.
Advisory firms were not disclosed for this transaction.