Microsoft Finalizes $1.2 Billion Fast Search Purchase
The former CEO of Fast Search & Transfer will lead Microsoft (NSDQ: MSFT)'s effort to create a single enterprise search platform based on Microsoft Search Server 2008 Express, Microsoft Office SharePoint Server 2007 search, and Fast ESP.
Microsoft on Friday reported the appointment in announcing the consummation of its $1.2 billion acquisition of Fast.
John Markus Lervik will transition to become Microsoft's corporate VP of enterprise search and will report to Jeff Teper, Microsoft's VP of its Office Business Platform.
