Ben Medlock (CTO) and Jon Reynolds (CEO), they are getting a kick-ass team which is so at the forefront of AI that even Professor Stephen Hawking has praised their work after they worked on a project to enhance the communication system used by the world-renowned scientist. SwiftKey has always been one of the most popular free keyboard apps of all times and it has already been confirmed acquired by Microsoft. The predictive engine behind that keyboard could be put to many more uses.įurthermore, by acquiring SwiftKey’s staf, and founders Dr. And while its technology is hugely time-saving for users, the AI-powered platform could have far more uses for Microsoft than just keyboards. SwiftKey’s keyboard and SDK is now on more than 300 million Android and iOS smartphones. SwiftKey raised a total of $21.59 million from Octopus Ventures and Index Ventures, while UK celebrity Stephen Fry was an early angel investor. Staff were told earlier today about the deal.
The companies are understood to have been in talks for a number of months. Microsoft said Wednesday it acquired British-based software keyboard maker SwiftKey, saying it would be integrated with the tech giant's 'intelligent systems' for mobile devices. UPDATE: Investor sources say the deal, which is all-cash, is definitely going through and will be announced imminently.
TechCrunch understands the figure is just under that amount. The Financial Times is reporting that the deal is “around $250m”. Microsoft is understood to be acquiring London-based SwiftKey, the startup which employed artificial intelligence to create a ground-breaking predictive smartphone keyboard, according to sources.
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