Microsoft reportedly acquiring SwiftKey for $250 million

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According to a new report, Microsoft is preparing to acquire
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, the makers of the popular predictive keyboard app of the same name, and whose technology has been licensed by many phone manufacturers to power the predictive engine on their default keyboards. From
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Microsoft is paying around $250m to acquire London-based Swiftkey, maker of a predictive keyboard powered by artificial intelligence that is installed on hundreds of millions of smartphones, according to people familiar with the deal.

If true, Swiftkey would be just the latest of several productivity app acquisitions by Microsoft, joining the likes of Accompli, Wunderlist and Sunrise. According to the report, Microsoft's particular interest in SwiftKey is due to its artificial intelligence prowess, which powers the predictive technology that has helped SwiftKey become one of the most popular keyboards on the Android platform.

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