Microsoft Corporation acquired Wand Labs, a transaction announced in June 2016.
Wand Labs operates in Bing engineering and platform team (Microsoft AI & Research). Wand Labs is a messaging-app developer with expertise in semantic ontologies, services mapping, third-party developer integration, and conversational interfaces. Microsoft acquired it to accelerate its 'Conversation as a Platform' vision and strengthen conversational intelligence in Bing.
Accelerate Microsoft's 'Conversation as a Platform' strategy with expertise in intelligent agents, chatbots, and conversational interfaces.
The Wand team's expertise around semantic ontologies, services mapping, third-party developer integration and conversational interfaces make them a great fit to join the Bing engineering and platform team.David Ku, Corporate Vice President and Chief Technology Officer, Microsoft AI & Research
Advisory firms were not disclosed for this transaction.