Microsoft (MSFT) Acquires AI-Powered Scheduling Service Genee

August 22, 2016 10:05 AM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

Microsoft (NASDAQ: MSFT) Rajesh Jha posted the following to the company's blog on Monday:

I am pleased to announce that Microsoft has signed an agreement to acquire Genee, an artificial-intelligence-powered scheduling service. Co-founders Ben Cheung and Charles Lee, who plan to join Microsoft, started Genee in 2014 to simplify the time-consuming task of scheduling (and rescheduling) meetings. It’s especially useful for large groups and for when you don’t have access to someone’s calendar.

Genee uses natural language processing and optimized decision-making algorithms so that interacting with a virtual assistant is just like interacting with a human one. For an example of how Genee works, let’s take a look at a common scheduling problem. Say you want to meet a potential customer, Diana, for coffee. Simply send an email to Diana and copy Genee, like you would a personal assistant. Genee understands that you want to “Find a time to meet with Diana for coffee next week” and will streamline the process by emailing her directly with appropriate options that work with your calendar and preferences. Genee will even send out the meeting invite on your behalf – freeing up your time. A coffee meeting scheduled in a snap!

With today’s news, I’m excited to welcome the Genee team to Microsoft. As we continue to build new Office 365 productivity capabilities and services our customers value, I’m confident the Genee team will help us further our ambition to bring intelligence into every digital experience.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Corporate News, Mergers and Acquisitions

Related Entities

Definitive Agreement

Add Your Comment