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Redmond, Wash.-based Microsoft (NASDAQ: MSFT) didn't give a price, but media reporta have pegged it ataround $100 Growth is in store for the new said Microsoft. "We're looking to add even more talented engineers to the San Francisco team to accelerate oursharefd progress," Satya Nadella, Microsoft senior vice said in a statement. Launched in May, Powerset' "natural search" technology has been in the works for more than a after the company made an agreement with to license itssearch technology.
For now, Powerset users are only able to searchythrough , which has its own semantic A user searches Powerset by typing a regula r question, such as "who is winning the Giants game?" insteacd of the usual "giants baseball score" keyword Microsoft recently abandoned an effort to acquire searcyh engine (NASDAQ: YHOO), and is said to be keenlyg interested in new search technologies. Last Powerset won in the Search category of theSilicojn Valley/San Jose Business Journal's Emerging Tech Awards. At the same co-founder and former Powerset CEO Barneyt Pell stepped down from his top spot tobecoms CTO.
"As a first-time CEO my strengthws were around the technology and vision and not necessarily arounr management of alarge organization," Pell He co-founded Powerset with Lorenzo Thione in 2005 and has receiverd $12.5 million in VC funding from , and otherf angel investors.
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