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Microsoft Unloads a Couple of Fast Assets

Microsoft has sold the Folio and NXT businesses
By Maureen O'Gara
Article Rating:
December 4, 2009 12:15 PM EST
Reads:
 3,269

Microsoft Developer

 

Microsoft has sold the Folio and NXT businesses it got when it bought Fast Search and Transfer, the Norwegian enterprise search firm, last year to Rocket Software on undisclosed terms. Folio is a clutch of publishing tools and NXT publishes intranet documents. Fast bought the products a few years ago for $15 million. Fast’s native technology has gone into SharePoint and is still available standalone.

Published December 4, 2009 – Reads 3,269
Copyright © 2009 SYS-CON Media, Inc. — All Rights Reserved.
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More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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