About This Deal
Microsoft Corporation acquired Colloquis, a transaction announced in October 2006.
Colloquis operates in Windows Live (Windows Live Agents / Customer Care Framework). Colloquis provided conversational online business solutions built on natural-language-processing technology for customer service applications. Microsoft acquired it to add conversational capabilities to its products and to offer managed services, with Xbox named as the first internal user.
To build conversational, natural-language capabilities into applications so businesses can provide simple, rewarding online experiences, offering managed services based on Colloquis technology and incorporating it into Microsoft products such as Windows Live Agents and the Customer Care Framework.
Deal Terms
Transaction Details
In Their Words
Microsoft has the resources to not only unlock that potential, but to leverage its expansive customer base to create truly innovative real-world uses.Stephen Klein, Chief Executive Officer, Colloquis
Advisors
Advisory firms were not disclosed for this transaction.
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