Acquires file synchronization and remote access technology provider; financial details of the acquisition were not disclosed.

Microsoft Corp. yesterday announced that it has acquired FolderShare, a file synchronization and remote access technology provider that helps customers access information across multiple devices. Financial details of the acquisition were not disclosed.

Launched in 2002, owned and operated by Texas-based, ByteTaxi Inc., the FolderShare service saves customers the hassle of sending large files via e-mail, burning them to CDs or DVDs and mailing them, or uploading them to a web site. Instead, it allows customers to sync important information, making it well suited for personal or small-business use. The FolderShare service also enables private, remote access to customers' own files from any web browser.

"Our mission for Windows Live is to enable customers to easily find the information, pursue the interests and deepen the relationships that enrich their lives," said Blake Irving, Corporate Vice President of the MSN Communication Services and Member Platform group at Microsoft. "I'm thrilled with the acquisition of FolderShare and the opportunity to offer this technology with Windows Live software and services. FolderShare technology will help customers access their information anytime, anywhere and on multiple devices, unifying their overall experience."