FAST Acquires Convera’s Retrievalware Technology

Norwegian search technology provider FAST Search & Transfer has picked up Virginia-based Convera’s RetrievalWare enterprise search business for $23 million in cash. Convera will continue its recent focus on vertical search technology and services for specialist publishers, and will license FAST’s Ad Momentum technology as well, according to Information World Review. The move gives FAST a foothold in the lucrative U.S. government market.

Related reading

The word PREPARED is written on a blackboard with the UN crossed out. A hand is underlining it.
A hand holding a transparent piece of plastic or glass, with the Google logo superimposed onto it.
Simple Share Buttons