Groove Networks - Ownership and Business Overview

SoftwareCompany

Groove Networks Ownership

Who owns Groove Networks?

Groove Networks is owned by Microsoft. It was acquired on March 10, 2005.

Groove Networks Business Overview

Where is Groove Networks headquartered?

Groove Networks is headquartered in Beverly, Massachusetts.

What sector is Groove Networks in?

Groove Networks is a software company.

When was Groove Networks founded?

Groove Networks was founded in 1997.

Software M&A Summary in 2005

Out of 60 sectors in the Mergr database, software ranked 1 in number of deals in 2005. The largest software acquisition in 2005 was SunGard Data Systems - which was acquired by Providence Equity Partners for $11.4B.

Join Mergr to view all 251 acquisitions of software companies in 2005, including 43 acquisitions by private equity firms, and 208 by strategics.

Groove Networks, Inc.

100 Cummings Center, Suite 535Q,
Beverly, Massachusetts 01803
United States,
(978)720-2000

Groove Networks permanent today as it announces plans to acquire the Beverly, Mass.-based provider of collaboration software for ad-hoc workgroups.


Company Summary

SECTOR

Software

Established

1997

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