Microsoft Acquires Wand Labs To Add Better Technology To Messaging App
Microsoft has announced to have acquired startup Wand Labs that develops messaging apps. The deal is part of its bigger strategy to build conversation as a platform.
The Wand Labs team is reported to join the Bing engineering and platform team of the tech giant to work on intelligent agents and chat bots.
Microsoft has not yet disclosed the terms of the deal.
Founded by Vishal Sharma in 2013, the Wand Labs managed to raise less than $3 million in funding.
According to Microsoft, the Wand Labs technology will help in strengthening their position in engineering of conversational intelligence.
In a blog post Sharma writes he is delighted to join Microsoft, the company which has enthusiasm and passion in developing new era of conversation.
He adds, “Making experiences for customers more seamless by harnessing human language is a powerful vision and one that motivates me and my team.”
David Ku of Microsoft’s Information Platform Group said with Wand Labs they can capply more technology to improve the messaging services with semantic ontologies, third-party developer integration, services mapping and conversational interfaces.