Late yesterday, the Financial Times reported that SwiftKey was in talks with Microsoft about a potential acquisition that could be officially announced during the week. The report was right and this morning both Microsoft and SwiftKey have made the news official on their respective blogs.
The financial details of the acquisition weren't disclosed, but yesterday's report mentioned a $250 Million figure — or about a quarter Instagram if you want. The rest of the deal's terms aren't perfectly transparent either, but SwiftKey's co-founders Jon and Ben made it clear that the keyboard will continue to be developed for Android and iOS.
Read MoreMicrosoft's Acquisition Of SwiftKey Is Official, Android App Will Still Be Actively Developed was written by the awesome team at Android Police.
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