Search Engine Land
- July 2, 2008
Official: Microsoft Buys Powerset
Consistent with the rumors last week, Microsoft confirmed today that it has acquired Powerset for an undisclosed amount (speculation put it at around 0 million). The company was reportedly valued at just over million. It appears that Microsoft was motivated to acquire Powerset as much or more by the team as it was any of the search technology. Danny provided his initial impressions of Powerset when the site came out of private beta.
