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Friday, June 27, 2008 --- 63 days ago http://seekingalpha.com/article/82999-is-powerset-a-hail-mary-pass-for-msft?sour
 Mathew Ingram submits: Matt Marshall over at VentureBeat says he has it on good authority that Microsoft (MSFT) is planning to make an offer for Powerset, the “semantic search” startup that has been in stealth mode for quite awhile now, popping up only long enough for a party or two, and recently poked its head out with a small-scale demo of its technology as a Wikipedia search engine . The rumoured dollar value for this deal? $100 million. If true, that would be a hell of a payday for something that hasn’t really shown much in the way of spectacular results so far, and is based at least in part on 30-year-old technology that the company licensed from Xerox’s PARC labs. TechCrunch says the deal could still be derailed by the Microsoft-Yahoo (YHOO) mess. Complete Story » ... |
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