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Software, Search, acquisitions

Report Says Microsoft Will Buy Powerset for $100M

Gregory T. Huang 6/26/08

VentureBeat is reporting that Microsoft (NASDAQ: MSFT) has agreed to buy California-based Powerset, a natural-language search firm. If the report is accurate, the deal will be worth some $100 million and will be announced next month.

Gregory T. Huang is the Editor of Xconomy Seattle. You can e-mail him at gthuang@xconomy.com or call 206-624-2249.

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