Microsoft has announced it has now acquired MetricsHub for Windows Azure, a Bellevue, Washington startup company that previously received mentoring via the Microsoft Accelerator program.
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This week, Microsoft held its first ever Microsoft Accelerator for Kinect Demo Day, where 11 start-ups companies showed their Kinect-based software apps to over 100 venture capitalists.
Microsoft has launched a new program called Kinect Accelerator, designed to give 10 development teams funding and assistance to create commercial applications that use the Kinect motion sensor-camera.