Microsoft acquires Swiftkey for $250 million

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Microsoft has confirmed it has bought the London based startup Swiftkey in deal believed to be worth $250 million.

The acquisition was confirmed earlier this week in blog posts released by the two companies.

Swiftkey, a popular predictive smartphone keyboard app, first launched on Android in 2010 before then being released on iOS three years later.

In its blog post, Microsoft said that the Swiftkey app has been downloaded to Android and iOS devices more than 300 million times.

“This acquisition is a great example of Microsoft’s commitment to bringing its software and services to all platforms. We’ll continue to develop SwiftKey’s market-leading keyboard apps for Android and iOS as well as explore scenarios for the integration of the core technology across the breadth of our product and services portfolio,” said Microsoft’s Harry Shum.

Swiftkey founders Jon Reynolds and Ben Medlock said: “We’re excited to announce an important milestone on SwiftKey’s journey.As of today, we have agreed to join the Microsoft family.”

“Our apps will continue to be available on Android and iOS, for free. We are as committed as ever to improving them in new and innovative ways,” they added.

For Microsoft, the appeal of Swiftkey is not only about the acquisition of a slick and hugely popular keyboard app, which could become a standard on Windows mobile devices in the future, but more about obtaining the technology that powers the predictive text feature of the app.

Swiftkey is just the latest app company to purchased by Microsoft.

Since 2014, it has bought the companies responsible for the email app Acompli, which later relaunched as the new Outlook, productivity app Wunderlist and calendar app Sunrise.

 

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