Microsoft offer $1.2 billion for search technology company

Microsoft to increase its acquisitions

According to the New York Times, Microsoft have offered $1.2 billion for Norwegian company, Fast Search and Transfer. Although they do not have Google's market share they are not shying away from increasing their acquisitions.

The Olso-based company "is a specialist in search technology used inside companies and government agencies to cull for information in documents, databases and software applications. Its software helps teams of workers quickly search the corporate storehouse of information for answers about procurement, marketing, manufacturing and product design," the NYTimes.com reported.

Steve Lohr, a NYT reporter, considers the connection of this gain with Google's drive into the office services business with the launch of more products at Google Docs.
"Microsoft has already offered enterprise search from SharePoint, a product in the Office family designed for groups of workers to collaborate on projects. And Microsoft already has a partnership with Fast, for providing enterprise search.

But by purchasing Fast, Microsoft can more fully integrate the Norwegian company's technology into its Office technology. Jeff Raikes, president of Microsoft's business division, which includes Office, pointed to advantage of having "a single vendor with solutions that span the full range of customer needs," Lohr wrote.

Posted by RedChilliSearch.com - Search Optimisation Company

 

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