San Francisco: Since its founding, VideoSurf has achieved profits of U.S. $ 28 million from several sources, including Facebook's chief operating officer Sheryl Sandberg and her husband, known as the former vice president Al Gore's U.S. branch. Last month, Microsoft announced it will bring cable television content into the Xbox video game consoles during the holiday season, expanding it into an entertainment center console.
Microsoft announced on Tuesday (22/11) it has bought video search site VideoSurf. Details regarding the purchase has not yet been exposed by the Microsoft. But according to TechCrunch site reports, Microsoft spent $ 70 million to purchase VideoSurf.
In an official statement, as quoted by Xinhua, VideoSurf Microsoft will integrate technology in entertainment platform to increase ecosystem Xbox 360 and evolved into a search engine as well as the discovery of entertainment content on Xbox LIVE.
In addition, Microsoft also hopes this latest acquisition could make it easier for partners world-class video to take full advantage of advanced search features. Companies based in California, The San Mateo, which was founded by four Israelis in 2006 also offers technology that can "see" inside the video frame so that content can be found quickly, easily and accurately.