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Neowin report that Microsoft has released a beta version of Albany to the beta testers



While details remain scarce, we do have a copy of Albany installed, and have discovered a little bit about what it is. It appears to be a collection of pieces of software from Microsoft, such as Office Home and Student and Windows Live OneCare, available on a subscription basis, possibly the start of Microsoft moving to a "software as a service" sales model.
Microsoft releases Albany to beta testers