Posted By Rich Miller On July 1, 2008 @ 3:24 pm In Microsoft | Comments Disabled
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. The biggest feedback that we got when we launched our first product was: this is great, but when and how will we get Powerset go beyond Wikpiedia? Microsoft accelerates our ability to move Powerset to the entire web faster than anyone could have imagined.No price was mentioned in the announcements. Venture Beat  reported that the deal was likely to be in the $100 million range.
Article printed from Data Center Knowledge: http://www.datacenterknowledge.com
URL to article: http://www.datacenterknowledge.com/archives/2008/07/01/confirmed-microsoft-buys-powerset/
URLs in this post:
 has confirmed: http://blogs.msdn.com/livesearch/archive/2008/07/01/powerset-joins-live-search.aspx
 Powerset: http://www.powerset.com
 announcing the deal: http://www.powerset.com/blog/articles/2008/07/01/microsoft-to-acquire-powerset
 analysis yesterday: http://www.datacenterknowledge.com/archives/2008/Jun/30/microsoft-powerset_all_about_the_data_centers.html
 Venture Beat: http://venturebeat.com/2008/06/26/microsoft-to-buy-semantic-search-engine-powerset-for-100m-plus/
 Rich Miller: http://www.datacenterknowledge.com/archives/author/richm/
Copyright © 2011 Data Center Knowledge. All rights reserved.