It’s final, Microsoft acquires Powerset just as rumors predicted. After looking for suitors since May, Powerset finally decided Microsoft was the best fit. The acquisition will not fuel Microsoft’s search marketshare, but will give it new talent and search technology. The price of the acquisition isn’t being disclosed, but TechCrunch is reporting it was roughly $100 million.
“With an existing search infrastructure, incredible capital resources, unlimited data, a leading search team, and clear mission to revolutionize the search landscape, Microsoft can rapidly accelerate our progress in building semantic search technology and bringing it to full Web scale,” said Powerset’s Mark Johnson.
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