Powerset Is Now Microsoft’s
A couple of weeks back, the industry has been buzzing that the purchase of search-engine startup Powerset was soon going to be final. Everything was already in the process. Well, there are some times when rumors are real. Like this one which now tells of Microsoft saying that they will soon be buying Powerset.
For how much would the whole deal be done? There have been no announcements of how much the deal is going to take. Despite going through the companies’ blog entries regarding the announcement, the price has been kept secret. But, as usual, rumors have it that it would be for around US$100 million. Will this rumor ring true? Or will it be just another rumor?
Satya Nadella is the senior VP of Microsoft and on the Powerset deal, he said, “We know today that roughly a third of searches don’t get answered on the first search and first click. Usually searchers find the information they want eventually, but that often requires multiple searches or clicks on multiple search results.”
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