Benzinga | Nov 10, 2021 12:47PM EST

Microsoft, Meta Collaborate: All You Need To Know

* Microsoft Corporation (NASDAQ:MSFT) collaborated with Meta Platforms Inc (NASDAQ:FB) to integrate Microsoft Teams into Meta's Workplace platform, the Verge reports.

* Interestingly, Workplace focuses on broad, companywide connections, while Teams focuses on instantaneous communication between workers and their direct colleagues, CNBC reports.

* Customers, including Vodafone Group Plc (NASDAQ:VOD) and Accenture Plc (NYSE:ACN), sought the integration.

* "The way our customers end up using it is customers use the complementary features, not the competing features," said Ujjwal Singh, Meta's head of Workplace.

* Facebook Workplace or Workplace by Meta will soon integrate Microsoft Teams to live stream video into Workplace groups.

* The Microsoft Teams integration into Workplace will also allow employees using Teams or Workplace to view, comment and react to meetings in real-time without switching between apps.

* Microsoft is also integrating Workplace into Teams, which will enable Teams users to access Workplace content through an app within Teams.

* The app will be pinned to the Teams navigation bar and will include a homepage of Workplace content.

* Teams administrators will also mark content as necessary to showcase it in the Workplace app.

* Teams will arrive on the Meta Portal (Facebook Portal) device in December, allowing people to use video calling in Teams.

* The latest Teams and Workplace integration goes live on Nov. 10.

* Now businesses can share Workplace content with Teams.

* The live streaming of Teams meetings into the Workplace will be available in early 2022.

* The Workplace can already integrate into SharePoint, OneDrive and Microsoft's Office 365 suite.

* Meta has also integrated Workplace into Microsoft's Azure Active Directory.

* Price Action: MSFT shares traded lower by 1.02% at $332.52 and FB is down 1.30% at $331.02 Wednesday at publication.