Wednesday 3 February 2016

Microsoft Bought The British Compan Swiftkey AI


Artificial intelligence firm UK SwiftKey was acquired by Microsoft, the company confirmed.

The Financial Times reports that the deal is valued at $ 250 million (£ 174 million).

SwiftKey is known for its predictive keyboard, which is installed on millions of smartphones.

The company said it was a "step" in its history.

"Our mission is to strengthen the interaction between people and technology. We believe this is a perfect match, and we believe part of Microsoft is just next leg of our journey," said the founder of SwiftKey Jon Reynolds and Ben Medlock in a blog.

The company is the latest farm UK artificial intelligence (AI) to be bought by a giant US technology.

Deepmind - which started at the University of Oxford - was bought by Google in 2014 for £ 400. Another firm, VocalIQ, was recently acquired by Apple.

And the popular smartphone app, SwiftKey is known for being the source of computer programs in the wheelchair Professor Stephen Hawking.

The agreement promotes the new Microsoft mobile strategy, led by CEO Satya Nadella.

Instead of focusing on the computer - where the company has a small market share with its range of Windows Phone - the company is seeking to develop a range of productivity software for use on any device.

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