Fast Search & Transfer

Our news

Yes, itâ€™s true: We are joining GigaOM...

Fast Search & Transfer

Fast Charged With Accounting Fraud; Covers Time Before Microsoft

Oct 16, 2008 8:50 AM

Microsoft (NSDQ: MSFT) owned-Norwegian search technology firm Fast Search & Transfer, has been charged with accounting fraud by the country’s police economic crimes unit, Reuters reports. The police said they had raided Fast’s offices to “secure evidence” and that the charges relate to accounts before Microsoft purchased the company in…

Keep Reading »

Posted In: Legal, Search, Technologies / Formats, Companies, Microsoft, fast search & transfer

Microsoft To Buy Norwegian Search Firm Fast Search & Transfer For $1.23 Billion

Dianne See Morrison

Jan 8, 2008 6:00 AM

Microsoft (NSDQ: MSFT) will buy Norwegian web and mobile enterprise search software firm Fast Search & Transfer in a deal that values the company at 6.6 billion kroner ($1.23 billion), reports Bloomberg. The software giant will pay 19 kroner ($3.54) for each Fast share. Fast Search is currently unprofitable and…

Keep Reading »

Posted In: Money, M&A & Venture Capital, Search, Technologies / Formats, Companies, Microsoft, Countries, Europe, fast search & transfer