Microsoft plans to buy Fast for $1.2B, bolstering search offering for companies
Microsoft has just announced it plans to buy Norway’s data-search company Fast Search & Transfer for $1.2 billion.
While Microsoft is slipping in its competition with Google to offer search engine services to consumers, it still enjoys a dominant position with large companies, due to its huge software sales to those companies. This acquisition is an attempt to fortify that position within companies, at a time when Google is pouring more resources into building its own… Continue Reading