Wednesday, November 23, 2011

Microsoft Corporation (NASDAQ:MSFT) Buys Video Company

Microsoft Corporation (NASDAQ:MSFT) has acquired VideoSurf. Microsoft
Corporation (NASDAQ:MSFT) Buys Video Company Microsoft Corporation (NASDAQ:MSFT)
has announced the acquisition of VideoSurf, the video discovery technology
company. VideoSurf offers a back-end computer vision technology that sees frames
inside videos to make discovering content fast, easy and accurate. Microsoft
Corporation (NASDAQ:MSFT) will integrate this technology across its
entertainment platform to augment the Xbox 360 ecosystem and evolve search and
discovery of entertainment content on Xbox LIVE. Alex Garden, director of Xbox
LIVE for the Interactive Entertainment Business at Microsoft Corporation
(NASDAQ:MSFT), said that, VideoSurfs content analytics technology will enhance
the search and discovery of entertainment content across our platform. This
holiday Microsoft Corporation (NASDAQ:MSFT) will launch voice search across our
entertainment partners on Xbox LIVE. Over time, as we integrate VideoSurfs
technology into our system, Microsoft Corporation (NASDAQ:MSFT) is excited about
the potential to have content tagged in real time to increase the speed and
relevance of the search results". Microsoft Corp. (NASDAQ:MSFT) shares were at
24.79 at the end of the last days trading. Theres been a 4.3% change in the
stock price over the past 3 months. Microsoft Corp. (NASDAQ:MSFT) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.77 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.77 Zacks Rank: 31 out of 89 in the industry

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