The natural language search firm officially became part of Microsoft on Friday. Now the question is what Redmond will do with the technology.
Confirming reports from last week, Microsoft says it is indeed buying the semantic search company. Financial terms were not disclosed.
Software behemoth has agreed to buy the semantic search engine for a price of upwards of $100 million, according to VentureBeat.
Microsoft, which closed its deal to buy Powerset a month ago, said the first fruits of collaboration are now finding their way into the company's main search results.
As expected, Microsoft scoops up semantic search startup Powerset. It's not Yahoo search, but it brings in some compelling technology.
A new search engine is indexing meaning, not just keywords.
Amid speculation that Microsoft is looking to make an acquisition, Powerset is launching a public beta of its semantically rich Wikipedia search engine.
Finally, a chance to play with Powerset
Natural language processing could let advertisers bid for search ad placement based on broad concepts, not just a gaggle of keywords.
Powerset CEO Barney Pell will demonstrate the technology called Powerlabs next week while speaking at the Singularity Summit on artificial intelligence and the "future of humanity."