The .NET Framework is a software framework developed by Microsoft that includes a large class library (FCL) and provides language interoperability across programming languages. Programs written for .NET execute using the Common Language Runtime (CLR) virtual machine, which handles tasks like memory management. The FCL and CLR together make up the .NET Framework. The Framework Class Library provides functionality for user interfaces, data access, cryptography and more. Visual Studio is an integrated development environment created by Microsoft for building .NET applications.