Microsoft bids $1.2B for Fast Search and Transfer
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Microsoft has offered to buy enterprise search software company Fast Search And Transfer for 6.6 billion Norwegian kroner ($1.2 billion), it said Tuesday.
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Microsoft Corp. plans to concentrate on acquisitions valued at between $50 million and $1 billion over the next five years, CEO Steve Ballmer said Thursday at the Web 2.0 Summit.
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SAN FRANCISCO/NEW YORK  - Microsoft Corp   made a bid to buy Yahoo Inc  for $44.6 billion in cash  and stock, seeking to join forces against Google Inc   in what would be the biggest Internet deal since the Time  Warner-AOL merger.
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Microsoft Corp  said on Monday  that it controls 92.6 percent of Norwegian search software firm  Fast Search & Transfer , and extended its takeover  offer to Thursday from a Friday deadline.
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In an attempt to further spur development for its chosen next-generation DVD platform, Microsoft is making the tool available for $2,999.
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Microsoft Corp.'s bid for beleaguered Internet icon Yahoo Inc. is a staggering sum that, if a deal goes through, will rank as one of the largest U.S. technology transactions.
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Microsoft Corp   offered to buy Yahoo Inc  for $44.6 billion, in a bold  bid to transform two ailing Internet businesses into a worthy  competitor for market leader Google Inc .
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After 14 months of work and a $100 million investment, Microsoft rolled out a test version of its new search engine late Wednesday night.
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Microsoft Corp has offered to buy  Norwegian Internet-search software firm Fast Search & Transfer  for 19 crowns per share, valuing the company at about $1.2  billion, the companies said on Tuesday.
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Executives with Hewlett-Packard and Microsoft have disclosed that a 2-year-old partnership created to promote the use of .Net for Web services has resulted in the installation of 1,000 .
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Microsoft Corp said on Wednesday it would pay $240 million for a 1.6 percent minority equity stake in Facebook in a deal that values the popular social networking Web site at $15 billion.
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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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Microsoft Corp  said on  Wednesday it would pay $240 million for a 1.6 percent minority  equity stake in Facebook in a deal that values the popular  social networking Web site at $15 billion.
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Microsoft has offered to buy enterprise search software company Fast Search And Transfer for 6.6 billion Norwegian kroner ($1.2 billion), it said Tuesday.The acquisition will bring Microsoft powerful high-end search technologies to complement its enterprise infrastructure offering, the company said.Microsoft&#39;s recent efforts in the enterprise search market have been aimed at the other end of the market. In November, It introduced two new low-end enterprise search products,&#160;Search Server 2008 and Search Server Express 2008, both based on its SharePoint Server 2007 business productivity platform. It is pitching&#160;Search Server 2008&#160;as a cheap entry into enterprise search, while the Express version is free for single installations.By integrating Fast Search&#39;s products with SharePoint, and drawing on its worldwide network of partners, Microsoft hopes to bring Fast Search&#39;s products to a wider audience, it said Tuesday.It is also counting on Fast Search&#39;s Norwegian research team to bolster its research efforts in Europe. Microsoft has laboratories in Cambridge, England, and in Copenhagen, Denmark.The directors of Fast Search, based in Oslo, have recommended that shareholders accept the offer, which represents a premium of 42 percent over Fast Search&#39;s share price at close of business on Friday. The companies expect the deal to close in the second quarter, subject to customary closing conditions, including the approval of the holders of at least 90 percent of Fast Search&#39;s shares.Fast Search&#39;s rivals in the market for specialized enterprise search tools include Google, with its Search Appliance; French search company Exalead, and Autonomy, which recently acquired Meridio and Zantaz.Representatives of Fast Search could not immediately be reached for comment.&#160;
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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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Microsoft said Wednesday it would pay $240 million for a small slice of Facebook in a deal that values the red-hot social networking website at $15 billion.
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SAN FRANCISCO/NEW YORK  - Microsoft Corp offered to buy Yahoo Inc for $44.6 billion, in a bold bid to transform two ailing Internet businesses into a worthy competitor for market leader Google Inc.