January 8, 2008 - Microsoft Corp. announced that it will make an offer to acquire Fast Search & Transfer ASA (FAST), a provider of enterprise search solutions, through a cash tender offer for 19.00 Norwegian kroner per share.


FAST’s board of directors has recommended that its shareholders accept the offer. Shareholders representing, in aggregate, 37 percent of the outstanding shares, including FAST’s two largest institutional shareholders have currently accepted the offer.


In addition to bolstering Microsoft’s enterprise search efforts, this acquisition would increase Microsoft’s research and development presence in Europe.


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