Microsoft Adds a Cheaper Teams to Take Down Zoom

Microsoft (MSFT) has released Teams Essentials, a standalone version of its popular videoconferencing software. Previously customers could only subscribe to teams as part of a broader suite of Office software.

The new version of teams costs $4 per user, per month which Microsoft called “the most competitively priced online meetings and collaboration solution in the market,” in a release.

How Does It Compare to Zoom?

Zoom (ZM), one of the leaders in the videoconferencing space, has a free tier that offers users unlimited one-on-one meetings and the ability to host up to 100 participants for meetings that last no longer than 40 minutes.