Written by admin on Tuesday, July 1st, 2008 in Gadgets and Devices.
According to Venture Beat, Microsoft could acquire Powerset as early as next month with a price tag in the $100 million range–more than double the estimated value of the company.
The Powerset search engine first debuted in May. Using simple phrases, short questions, and of course keywords, Powerset is supposed to understand what you are looking for and help you quickly find the information you need.
Ever since Microsoft’s failed bid for Yahoo, the company has been searching for another way to compete with Google. Powerset’s natural language or semantic based technology would seem to fit in with Microsoft’s strategy.
(Read the full post about ‘Microsoft to purchase Powerset search engine for around $100M?’…)
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