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	<title>Unfortune &#187; 60285</title>
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		<title>Microsoft To Buy Powerset? Not Just Yet.</title>
		<link>http://unfortune.com/2008/06/microsoft-to-buy-powerset-not-just-yet/</link>
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		<pubDate>Thu, 26 Jun 2008 19:52:39 +0000</pubDate>
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		<description><![CDATA[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&#8217;s highly likely, but hasn&#8217;t actually been signed yet and could still be disrupted [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.crunchbase.com/company/powerset" onClick="javascript:urchinTracker ('/outbound/article/www.crunchbase.com');"><img style="right" alt="" /></a>VentureBeat is <a href="http://venturebeat.com/2008/06/26/microsoft-to-buy-semantic-search-engine-powerset-for-100m-plus/" onClick="javascript:urchinTracker ('/outbound/article/venturebeat.com');">reporting</a> that Microsoft has agreed to buy semantic search engine <a href="http://www.powerset.com/" onClick="javascript:urchinTracker ('/outbound/article/www.powerset.com');">Powerset</a> for somewhere around $100 million, which is the price we <a href="http://www.techcrunch.com/2008/05/10/powersets-dilemma-go-for-it-or-sell/" onClick="javascript:urchinTracker ('/outbound/article/www.techcrunch.com');">previously reported</a> was being offered to the company.</p>
<p>VentureBeat says this is a done deal. Our sources say it&#8217;s highly likely, but hasn&#8217;t actually been signed yet and could still be disrupted by the <a href="http://www.techcrunch.com/2008/06/26/jerrys-back-and-so-is-microsoft/" onClick="javascript:urchinTracker ('/outbound/article/www.techcrunch.com');">ongoing Microsoft-Yahoo negotiations</a>. </p>
<p>Powerset debuted at TechCrunch40 last fall and <a href="http://www.techcrunch.com/2008/05/11/powerset-launches-showcase-for-user-search-experience/" onClick="javascript:urchinTracker ('/outbound/article/www.techcrunch.com');">opened a showcase</a> of its technology to the public just last month. </p>
<p><strong><em>Crunch Network</em></strong>:  <a href="http://crunchgear.com" onClick="javascript:urchinTracker ('/outbound/article/crunchgear.com');">CrunchGear</a><em> </em>drool over the sexiest new gadgets and hardware.</p>
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