TechTarget

Police raid Microsoft search firm in Norway

The Norwegian police economic crimes unit has charged Microsoft-owned search technology firm Fast Search...

The Norwegian police economic crimes unit has charged Microsoft-owned search technology firm Fast Search & Transfer...

with accounting fraud, reports Reuters.

"We raided Fast's offices to secure evidence," police attorney Baard Thorsen said. "The charge is for accounting fraud."

Fast was acquired by Microsoft for $1.2bn this February.

"The charge regards accounts from before Microsoft came in," said Thorsen. "We think Fast recognised revenues that there is no basis for."

Fast is a major provider of enterprise search software. Fast has made no comment on the raid.

Read more about enterprise search:

Legal firms wake up to the benefits of enterprise search>>

Law firms expect quick return on enterprise search>>

CW+

Features

Enjoy the benefits of CW+ membership, learn more and join.

Read more

0 comments

Oldest 

Forgot Password?

No problem! Submit your e-mail address below. We'll send you an email containing your password.

Your password has been sent to:

-ADS BY GOOGLE

SearchCIO

SearchSecurity

SearchNetworking

SearchDataCenter

SearchDataManagement

Close