Digital photograhy leader Phase One acquired the Microsoft Expression Media product, the companies announced today. Expression Media is a digital asset management application used to catalog and organize photos, video and music for effortless retrieval, presentation and sharing. Expression Media will join Phase One's product lineup, which includes open-platform-based, medium-format camera systems able to render up to 60.5 megapixel resolution, and Capture One raw-conversion and image-editing software, which supports more than 170 different file formats.

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.