Microsoft Corporation acquired Maluuba, a transaction completed in February 2017.
Maluuba operates in Microsoft AI and Research Group, is based in Montreal, Canada. Maluuba is a Montreal-based deep-learning research lab focused on natural-language understanding, question-answering, and decision-making using deep and reinforcement learning. Microsoft acquired it to advance machine reading and writing and its broader effort to democratize AI.
Advance conversational AI and machine reading/writing capabilities and further Microsoft's strategy to democratize AI for consumers, businesses, and developers.
Maluuba's expertise in deep learning and reinforcement learning for question-answering and decision-making systems will help us advance our strategy to democratize AI.Harry Shum, Executive Vice President, Microsoft AI and Research Group
Advisory firms were not disclosed for this transaction.