In January, Microsoft announced it's $1.2 billion offer for Norway-based enterprise search company, Fast Search. Last Friday, Microsoft completed the acquisition.
“With our companies combined, we'll be uniquely able to offer customers what they've been telling us they want most — a strategy for meeting everything from their basic to most complex enterprise search needs,” said Jeff Teper, corporate vice president for the Office Business Platform at Microsoft. “I'm incredibly excited to have the talented team from FAST joining us.”
Fast Search CEO John Markus Lervik will become Microsoft's corporate vice president of Enterprise Search.
“From the moment I started talking to Microsoft about the prospect of bringing our talent and technology together, I realized what a powerful impact we could have on the way companies use search to drive new revenue streams and improve productivity,” Lervik said. “Together we'll deliver better technologies that make enterprise search a ubiquitous tool, central to how people find and use information.”
Meet Your Favorite Search Engine Watch Contributors
Many of SEW's leading expert contributors will be at ClickZ Live, the new online and digital marketing event kicking off in New York (March 31-April 3). Hear from the likes of: Thom Craver, Josh Braaten, Lisa Barone, Simon Heseltine, Josh McCoy, Lisa Raehsler, Greg Jarboe, Dan Cristo, Joseph Kerschbaum, John Gagnon, Eric Enge and more!