Microsoft acquired Onfolio - Cambridge, MA

Onfolio Inc., a privately held Cambridge company that makes software enabling Web surfers to store pages, pictures, and other Internet content and retrieve it later, has been acquired by Microsoft Corp. for an undisclosed sum, the companies are expected to disclose this morning.

As part of the deal, Onfolio's browser-based software will become part of a new Windows Live Toolbar being offered as a free download, starting today, from the Microsoft website known as ideas.live.com. And Onfolio's founder, JJ Allaire, and his entire six-person team will pull up stakes in Cambridge and move to Microsoft offices in Redmond, Wash.

http://www.onfolio.com/press/releases/acquisitionannounce.cfm?section=company