About This Deal

Microsoft Corporation acquired SwiftKey, a transaction completed in March 2016.

SwiftKey operates in AI / Productivity, is based in London, United Kingdom. Microsoft acquired SwiftKey, maker of a predictive software keyboard and SDK that then powered more than 300 million Android and iOS devices across roughly 100 languages. Microsoft kept developing SwiftKey's keyboard apps while folding the predictive technology into its broader portfolio. Financial terms were not disclosed.

SwiftKey's predictive input technology fit Microsoft's 'reinvent productivity' ambition and more personal computing via the intelligent cloud.

Deal Terms

Acquirer
Microsoft Corporation
Target
SwiftKey
Value
Not disclosed
Date
March 2016
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
London, United Kingdom
Segment
AI / Productivity
Announced
February 3, 2016
Closed
March 1, 2016

In Their Words

We believe that together we can achieve orders of magnitude greater scale than either of us could have achieved independently.Harry Shum, Executive Vice President, Microsoft AI and Research Group

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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