NEWS
Microsoft has closed its deal to acquire software and other assets from consulting company UMT, the software behemoth said on Thursday.
Microsoft plans to use technology from UMT to add new server-based capabilities into the next version of Microsoft Project. Microsoft Project '12' also adds improved performance and new web-based abilities built on Windows SharePoint services.
CEO Steve Ballmer, who was scheduled to speak to a conference of Project and Visio users at an event in Seattle on Thursday, is also announcing new diagramming and data connection abilities for Visio '12'.
Both products are expected as part of Office '12', which is due out in the second half of this year.
Ina Fried writes for CNET News.com
