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Sean McIntosh introduces a webinar on the impact of merger and acquisition activity on Microsoft licensing. He informs participants that their microphones are muted and questions will be addressed at the end of the presentation via the chat console. The session is recorded for future viewing on method180.com. The speaker, Mike Lost, leads the service delivery team at Method 180 and has negotiated over a billion dollars in Microsoft contracts throughout his career, including nearly a decade at Microsoft in licensing roles, where he gained expertise in best practices for licensing cost reduction. Mike then begins the presentation.