Microsoft To Buy Powerset? Not Just Yet.
June 26th, 2008 by | Filed under 60285.VentureBeat is reporting that Microsoft has agreed to buy semantic search engine Powerset for somewhere around $100 million, which is the price we previously reported was being offered to the company.
VentureBeat says this is a done deal. Our sources say it’s highly likely, but hasn’t actually been signed yet and could still be disrupted by the ongoing Microsoft-Yahoo negotiations.
Powerset debuted at TechCrunch40 last fall and opened a showcase of its technology to the public just last month.
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