Earlier today we heard a rumor that Microsoft was planning a SwiftKey acquisition and now Microsoft has confirmed the acquisition.
Microsoft has not revealed any details on how much they paid for SwiftKey, the report earlier from the FT suggested a purchase price of around $250 million.
I’m pleased to announce that Microsoft has entered into a definitive agreement to acquire SwiftKey, whose highly rated, highly engaging SwiftKey software keyboard and SDK powers more than 300 million Android and iOS devices. In this cloud-first, mobile-first world, SwiftKey’s technology aligns with our vision for more personal computing experiences that anticipate our needs versus responding to our commands, and directly supports our ambition to reinvent productivity by leveraging the intelligent cloud. SwiftKey estimates that its users have saved nearly 10 trillion keystrokes, across 100 languages, saving more than 100,000 years in combined typing time. Those are impressive results for an app that launched initially on Android in 2010 and arrived on iOS less than two years ago.
You can find out more details about Microsoft’s acquisition of SwitfKey at the link below.
Source Microsoft