Add To Watchlist

TRANSFER-ASA

The Wire

Norway to be key Microsoft search center

Microsoft Corp. will use its $1.2 billion purchase of Oslo company Fast Search and Transfer ASA to form key, Norway-based research and development centers for its business search systems, Chief Executive Steve Ballmer announced Tuesday.

Microsoft Bids $1.2B for Norway's Fast

Microsoft Corp. said Tuesday it agreed to buy a Norwegian search company for $1.2 billion, aiming to shore up its search technology for businesses against competition from Oracle Corp. and IBM Corp.

The Vine
This area needs news. Click here to seed the vine