Dear Visitor,

Our system has found that you are using an ad-blocking browser add-on.

We just wanted to let you know that our site content is, of course, available to you absolutely free of charge.

Our ads are the only way we have to be able to bring you the latest high-quality content, which is written by professional journalists, with the help of editors, graphic designers, and our site production and I.T. staff, as well as many other talented people who work around the clock for this site.

So, we ask you to add this site to your Ad Blocker’s "white list" or to simply disable your Ad Blocker while visiting this site.

Continue on this site freely
  HOME     MENU     SEARCH     NEWSLETTER    
CUSTOMER RELATIONSHIP MANAGEMENT NEWS. UPDATED 2 MINUTES AGO.
You are here: Home / Microsoft/Windows / Microsoft Acquires Swiftkey AI Firm
Microsoft Confirms Purchase of AI Company Swiftkey
Microsoft Confirms Purchase of AI Company Swiftkey
By Dan Heilman / CRM Daily Like this on Facebook Tweet this Link thison Linkedin Link this on Google Plus
PUBLISHED:
FEBRUARY
03
2016
Redmond confirmed today that it has acquired London-based Swiftkey, which makes a predictive keyboard powered by artificial intelligence (AI) used on hundreds of millions of smartphones, for a reported $250 million.

Although Swiftkey and Microsoft confirmed the deal today, they didn’t disclose financial details. The purchase price was reported by the Financial Times. From the end of fiscal 2014, Swiftkey had sales of just over $12 million, according to the company's most recent annual report.

Will Join Microsoft Research

Switftkey is one of several British companies dealing in advanced artificial-intelligence technology to be purchased by American companies. Last year Apple bought AI software company VocalIQ, and two years ago Google bought DeepMind, Dark Blue Labs and Vision Factory.

Jon Reynolds and Ben Medlock, who founded Swiftkey in 2008, should each make at least $30 million from the buyout, according to reports. Swiftkey’s team will join Microsoft Research and report to division chief Harry Shum. Swiftkey has more than 150 employees in London, San Francisco and Seoul.

The Swiftkey app suggests the next word a user is about to type based on analysis of the user's writing style. The app is capable of learning slang, nicknames and even which emojis a user likes to use, according to the company. Swiftkey’s Android keyboard supports more than 100 languages, including several Chinese and Indian dialects.

Eight-year-old SwiftKey is known among Android users as a replacement keyboard app for phones and tablets. But it is also known as a maker of a software development kit for third parties to integrate its language-learning tech into their own services.

SwiftKey has been known for doing a lot of its research in-house, not only when it comes to artificial intelligence, but also machine learning, and natural-language processing. Presumably it’s that technology and research capability that Microsoft wants to deploy, more so than having access to the relatively modest income earned by the Swiftkey app.

Last year, SwiftKey said it was working on an experimental app that uses artificial neural networks to predict and correct language. Those networks are modeled after the workings of the human brain, allowing for better predictive ability.

300 Million Devices

Although Swiftkey is installed on more than 300 million devices, the company has struggled to establish a consistent identity. It started out selling its predictive keyboard app for $4, but then switched to a free download model two years ago, selling extras such as themes and personalization instead. The Swiftkey app also comes pre-installed on devices made by Samsung and BlackBerry.

Swiftly is available for iOS (pictured above) and Android devices but not yet for Windows phones. In the aftermath of the acquisition, Microsoft will probably integrate Swiftkey’s technology across Windows software, according to Shum. SwiftKey for iOS was released in late 2014 after Apple opened up to third-party, system-wide keyboards.

Microsoft CEO Satya Nadella has made no secret of his desire to gain ground in the mobile sector by buying well-known productivity apps. Since the beginning of last year, Microsoft has acquired e-mail app Acompli, to-do list software Wunderlist and calendar app Sunrise.

Tell Us What You Think
Comment:

Name:

Like Us on FacebookFollow Us on Twitter
MORE IN MICROSOFT/WINDOWS

NETWORK SECURITY SPOTLIGHT
China-based Vivo will be the first company to come out with a smartphone featuring an in-display sensor for fingerprint security, beating Apple, Samsung, and other device makers to the punch.

CRM DAILY
NEWSFACTOR NETWORK SITES
NEWSFACTOR SERVICES
© Copyright 2017 NewsFactor Network. All rights reserved. Member of Accuserve Ad Network.