If you’ve ever been frustrated with your smartphone’s shoddy keyboard, you’ve probably been recommended SwiftKey as a replacement due to its excellent prediction engine. According to a report from The Financial Times, Microsoft has recognized the quality of SwiftKey’s product, and has acquired the company for $250 million.
The buyout will net founders Jon Reynolds and Ben Medlock upwards of $30 million each, which is a pretty decent sum for a product they created only eight years ago.