Microsoft and Phase One A/S, announced that Phase One acquired the Microsoft Expression Media product. Under the terms of the agreement, Phase One takes full ownership of the Expression Media product. To ensure a smooth transition for Expression Media customers, Microsoft will continue to provide support to retail customers for 90 days. Phase One will begin offering support for the Expression Media product after the 90-day transition period. Microsoft customers who are currently using Expression Media under an Enterprise Agreement will continue to receive support from Microsoft through the term of their agreements. Financial terms of the agreement were not disclosed. The agreement was brokered by Microsoft’s IP Ventures program, a vehicle for Microsoft to get technologies into the hands of other businesses, spurring the economy and putting the best innovations in the hands of consumers. Microsoft will continue to develop the Expression Studio design tools for Silverlight and .NET.