Tech giant Microsoft has officially confirmed its $250 million purchase of London-based SwiftKey, a company that creates predictive keyboards for mobile devices. In the last six months of 2015, Microsoft has made a series acquisitions, averaging at around $65 million. That makes SwiftKey one of the company’s largest recent purchases.
SwiftKey uses algorithms to accurately understand what users are typing. It is already used by more than 300 million Android and iOS devices, says Harry Shum, a Microsoft executive vice president of technology and research. This is just one of the reasons SwiftKey is a very valuable asset to Microsoft, in addition to bringing the company a new set of artificial intelligence tools.
Shum hinted in a blog post that SwiftKey is an important part of Microsoft’s move to innovate technology that better anticipates people’s needs. You might notice Microsoft’s efforts in this area with the recent release of Cortana and other artificial intelligence pursuits.
*Source: Seattle Times