Microsoft Invests in CommTouch Software
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In addition to the investment, the two companies extended a prior agreement to bundle each other's services -- CommTouch will offer MSN Messenger Service and Microsoft Passport to its customers, while Microsoft will utilize the CommTouch Custom Mail service to provide private label Web-based e-mail solutions for its MSN partners.
"Microsoft is pleased to be working with CommTouch to offer select MSN international customers and affiliates a world class Web-based e-mail and messaging solution," said Deanna Sanford, lead product manager, Consumer and Commerce Group, Microsoft.
Thursday's agreement is the latest investment for computer giant Microsoft. In August, the company took a $15 million stake in DSL Internet provider DSL.net.