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.

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A screenshot of visual search on Pinterest. On the left is a picture of a copper angle-poise lamp, with the words 'Visually similar results' above it. Down the right-hand side are a number of pins showing similar lamps.
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