Microsoft Acquires 2 Technology Companies: Financial News - Yahoo! Finance

"Microsoft Corp. said Thursday it has acquired FolderShare, a service that helps computer users share and synchronize large files without needing to use e-mail, burn CDs or upload information to the Internet.
Terms of the deal were not disclosed.
Launched in 2002 and run by Austin, Texas-based ByteTaxi Inc., FolderShare gives customers private, remote access to their files through any Web browser, Microsoft said. ByteTaxi is privately held.
Blake Irving, corporate vice president of the MSN communication services and member platform group, said the technology will be offered with Windows Live, a new Web-based service the company unveiled this week that will unfasten some of Microsoft's applications from computer hard drives."