Microsoft is indeed acquiring Powerset!

Software giant Microsoft has now confirmed that they are acquiring the search engine technology company Powerset.

We already have heard the rumors about such a deal and it is now confirmed.

Microsoft said in a blog post: “We’re excited to announce that we’ve reached an agreement to acquire Powerset, a San Francisco-based search and natural language company.”

Powerset would now become a part of the Microsoft’s core search relevance team. They would continue to work out of their set up in San Francisco.

Powerset’s Mark Johnson added: “With any start-up, the challenge is to take the seeds of an idea and grow it into a viable company. At Powerset, we transformed our idea into a world-class semantic search platform, demonstrating the future of search with our Wikipedia search experience. But building a large-scale semantic search engine is expensive, requiring an engineering effort and computing resources beyond what most start-ups could ever imagine…We believe that this is the fastest way to bring our technology to market at a large scale.”

Checkout: Powerset