Dive Brief:

• Talko, the collaboration and voice chat app company, announced it has been bought by Microsoft.
• Microsoft will roll its technology and team members into Skype for Business, CIO reports.
• The company is another key acquisition for the productivity tools side of Microsoft's business.

Dive Insight:

Talko said success in the messaging app space for consumers is incredibly difficult, so the company opted to get out of the business and work with Microsoft on its business products instead.

"For all the value and enjoyment it's delivered, and for all the team's listening and perseverance, Talko was largely on the path to filling a (passionate) niche," the company said. "We're in this to have great impact, so it's time for a change."

Talko's technology will be put to use improving Microsoft's Skype and Skype for Business communication products. The service itself will shut down by March 2016, the company said.