Microsoft acquires iView Multimedia

"With Microsoft's purchase of iView, we are in a position to enhance our industry-leading product, whilst strengthening our customer service and support," iView Multimedia founder Yan Calotychos said in an open letter to customers.

The information on iView's site did not include any terms of the deal. Microsoft said in a statement that it bought iView "because of its great product offerings that deliver unparalleled digital asset management and cataloging solutions for customers."

"It's too early to comment on how and when iView's products will be incorporated into our product line," Microsoft said.