News - Fast Search & Transfer
By Elise Ackerman, San Jose Mercury News, Calif. Jul. 1--Microsoft announced today it has agreed to buy Powerset, a promising search start-up, as Yahoo's shares slipped below $20 for the first time since February, when Microsoft made its unsuccessful bid to take over the search giant.
By Jessica Mintz Associated Press SEATTLE -- 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.
Ever lagging in the lucrative business of Internet search and related ads, Microsoft (MSFT) is dipping into its cash reserve to buy a Norwegian company it hopes will create a new flank in its bid to chip away at Google's market dominance. Microsoft said Jan.
By Benjamin J. Romano, The Seattle Times Jan. 9--With the technology world's attention focused on Las Vegas this week, Microsoft looked to Norway for making big news with the announcement Tuesday that the company is acquiring Fast Search & Transfer, a business-search provider.
