whoa. groove got a boost today:

“Microsoft Corp. MSFT and Groove Networks Inc., the leading provider of decentralized software for secure business collaboration, today announced a strategic relationship designed to advance the delivery of Web and peer services to businesses. As part of the relationship, Microsoft has invested approximately $51 million in Groove Networks, resulting in a minority equity stake. Previous investors, including Accel Partners, also participated in Groove Networks’ $54 million financing.”

“Both Microsoft and Groove Networks believe that utilizing an appropriate mix of centralized and decentralized infrastructure is critically important to organizations of all sizes.”

this has the potential to be good on a number of fronts. obviously bad because of the bad things that can happen to good companies that work with microsoft. then again, i know billg respects ray, so i suppose it’s not out of the realm of possibility that ray and company are in the early stages of a courtship.

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