Microsoft Buys Search Engine, Going After Google?
obsolete1349 writes "Microsoft has just bid 1.2 billion dollars for FAST (Fast Search And Transfer [Microsoft to use a self-recursive acronym?]), an enterprise search company. 'Microsoft can bundle FAST with its Microsoft Office SharePoint Server' with its soon-to-be-customers Comcast, Disney, Microsoft, Pfizer, and UBS."
FAST -- FSAT
Is it just me, or did they spell FSAT... er, FAST... wrong?
Microsoft has been using one for quite some time now:
http://msdn2.microsoft.com/nl-nl/directx/aa937793(en-us).aspx
Q: What does XNA stand for?
A: XNA's Not Acronymed
It seems that quite a few FAST employees are currently submitting their resumes to other companies here in Norway at the moment. I've seen more than a couple during the last couple of days.
Funny, that.
http://www.theregister.co.uk/2003/02/25/overture_buys_fasts_web_search/
Overture bought FAST's search arm before Yahoo in turn bought Overture.
Now they grew a new arm, and are selling that one to Microsoft?
Outstanding.
"with its soon-to-be-customers Comcast, Disney, Microsoft, Pfizer, and UBS" I understand why it is said, but it is just very silly ...
In the good old days, before Googling became a word, there was competition in the search market. FAST had AllTheWeb.com, and at that time the difference between FAST and Google wasn't big. FAST has had quite a few great minds employed, but Google beat them to the punch. I liked FAST, and I used to work for them maintaining linux and *bsd servers. Great company :)
Microsoft needs to buy a search engine. A couple months ago I wanted to download XP SP2 on a pc that I just loaded. Since it was just loaded and I opened IE it defaulted to Microsoft's site. I searched for "windows xp service pack 2". After the 4th link that I clicked on that WAS NOT a download for SP2. I went to google. Searched the exact same phrase. First like was the download site at microsoft.com There's something to be said about that.
MISSING - Sig file. 2 years old black and white and very funny. If found please email me.
This acquisition is going to mean some chaos in my industry. Full disclosure: My company, Dieselpoint, is a Fast competitor.
The enterprise search market is an industry unto itself, entirely different from web search. In this industry we sell search software for data inside a company, as opposed to general web search. In some ways, it's a much harder technical problem to solve than web search, because we deal with a much wider variety of data, security schemes, navigation rules, platforms, programming environments, etc.. Total industry size is between $1 and $2 billion, depending on how you count.
Enterprise search is interesting to larger firms like Microsoft because it touches everything in the enterprise. Everybody wants easy-to-use search for everything -- the intranet, the email archive, the content management system, the ERP system, the HR system, the CRM system, the works. It's a hard thing to do well, and the company that does it is difficult to dislodge. Being the company's internal search engine is a good strategic position to be in.
The industry is currently very fragmented, and no one has the upper hand. Fast was probably the most dominant competitor, though not the largest one. The largest one is Autonomy, but that has morphed more into a portfolio company with a lot of legacy products than a company focused on search. Fast was really the up-and-comer, and despite the financial difficulties, the one we had the hardest time selling against. Everyone else is secondary.
The acquisition means some chaos in this industry, for one major reason: Fast is no longer a viable cross-platform solution, and won't be considered for many corporate deals. There's going to be a scramble to take over the mantle.
Cross-platform capability is critical for corporate deals because, again, everybody wants to search everything. It's tough to do that if you only run on a Microsoft operating system. And while I'm sure Fast will continue to claim they'll support all platforms, who will believe them? This is Microsoft, after all. Non-Microsoft operating systems, Java, and the rest of the non-Microsoft-controlled technology will receive only short shrift in the future.
So this is really big news for our little industry.
Chris
So wouldn't this mean that they are trying to match Apple's desktop search technology. After all Microsofts were wowed by Spotlight when it first appeared.
Well, there's spam egg sausage and spam, that's not got much spam in it.
Take Nobody's Word For It.