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.”
What's New for 2015?
You spoke, we listened! ClickZ Live New York (Mar 30-Apr 1) is back with a brand new streamlined agenda. Don't miss the latest digital marketing tips, tricks and tools that will make you re-think your strategy and revolutionize your marketing campaigns. Super Saver Rates are available now. Register today!