Jan 10 2008 12:06AM GMT
Posted by: Margaret Rouse
enterprise search, Search, Microsoft
Overheard: Microsoft buys out FAST in hopes of nailing down enterprise search
Posted by: Margaret Rouse
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With its planned $1.2 billion acquisition of Fast Search & Transfer, Microsoft is looking to become a player in one of tech’s next big growth markets — software that lets business users quickly troll through the reams of unstructured information that’s locked away in corporate databases.
Paul McDougall, Microsoft’s Fast Search Bid Puts Heat On Google, IBM |
Enterprise search “is for workers tomorrow what Internet search is for consumers today — an indispensable tool that helps them quickly find the information they need,” said Microsoft Business Division president Jeff Raikes, speaking Tuesday on a conference call.
And it could be a gold mine for the first big vendor that gets it right.




