Microsoft Bids for Search Software Firm
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Microsoftâs $1.2 billion bid for a Norwegian search software company is seen as an effort to add tools to its lucrative Office products and fend off Google.
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Microsoft Corp  said on Monday that it controls 92.6 percent of Norwegian search software firm Fast Search &amp; Transfer , and extended its takeover offer to Thursday from a Friday deadline.
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A venture led by Microsoft Corp  co-founder Paul Allen has applied to bid in an upcoming U.S. auction of coveted wireless airwaves, according to auction documents released late on Tuesday.
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The acquisition will bring Microsoft powerful high-end search technologies to complement its enterprise infrastructure offering, Microsoft said.
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Microsoft is planning to introduce its long-awaited Internet search engine on Thursday, a person knowledgeable about the announcement said.
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Microsoft offers to buy the Norwegian search software company Fast Search & Transfer for $1.2bn (Â£607m).
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Microsoft is expected to launch a beta version of its Web search technology on Thursday, with ambitions to catch up to rivals Google and Yahoo.
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Microsoft Corp.  said on Monday  it will buy Medstory Inc., a California-based start-up company  that develops Web search technology for medical information.
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Microsoft Corp. is formally launching its new Internet search engine, several months after it debuted in test form.
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"Enterprise search is becoming an indispensable tool to businesses of all sizes, helping people find, use and share critical business information quickly"  Microsoft Corp. bid $1.2 billion for the Norwegian search engine company Fast Search &amp; Transfer ASA on Tuesday as it seeks to help companies trawl for information on the Internet.The offer of $2.97 per share, or 19 kroner, was 42 percent premium to the Norwegian company's recent average share price, and caused the stock to soar by nearly the same amount in early trading on the Oslo stock exchange. Fast's board unanimously recommended that shareholders accept the offer, a news release said. Read more
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Another front in the on-going battle between Microsoft and Google is about to be opened. By the end of 2004 Microsoft aims to launch search software to find any kind of file on a PC hard drive.
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Software giant makes $44.6 billion offer for the search engine.
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Software giant is eager to gain traction in competitive search engine arena.
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Software giant wants the search engine for $45 billion.
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Microsoft said it plans to buy Fast Search & Transfer of Oslo for $1.2 billion to expand into Internet-search systems for businesses.
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OSLO/NEW YORK  - Microsoft Corp made a $1.2 billion offer to buy Norwegian Web search software company Fast Search & Transfer in a deal that would help the world's largest software maker expand into the market for business-oriented search.
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All the major Web portals seem to be rushing delivery on one product this holiday: desktop search software. Microsoft plans to introduce a test version of its desktop search application in the coming days, meeting its stated deadline by a nose.