PlaceWare was acquired by Microsoft. PlaceWare was a leader in real-time "carrier class," multimedia platform and application services for Web-based communication and collaboration, both inside and outside corporate firewalls. Enterprise customers prefer PlaceWare Web conferencing because of its scalable, reliable and security-enhanced browser-based architecture, which is based on technology developed and tested at Xerox PARC. The company offers unparalleled performance for all types of Web-based collaboration, from large-scale meetings with up to thousands of attendees to small collaborative meetings, presentations and e-learning sessions. Founded in 1996, PlaceWare has already attracted more than 3,300 leading organizations that see Web conferencing as a natural evolution in helping their businesses compete more effectively in the global marketplace. PlaceWare helps companies host thousands of simultaneous Web meetings, simply using Web browsers and telephones.