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News > Technology
Dell to offer FAST search
August 2, 1999: 12:35 p.m. ET

No. 2 PC maker takes 5-percent stake in Norwegian Internet firm
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NEW YORK (CNNfn) - Dell Computer Corp. plans to take a 5-percent stake in Norwegian Web search engine firm Fast Search & Transfer ASA, the Internet company said Monday.
     Dell 's (DELL) investment, worth approximately $33 million, is part of a preliminary agreement for the cross promotion, sale and distribution of each companies' products.
     The agreement comes on the heels of Dell's announcement that it will offer its dell.net Internet service for free to customers who purchase a PC priced at no less than $959.
     Within 45 days, the companies expect to reach a final deal under which Dell would implement a co-branded FAST Search by Dell search engine on its Internet service.
     On Monday, FAST launched its FAST Search site (www.alltheweb.com), which the company said can scan 200 million Web pages.
     Dell shares edged up 1/16 to 40-15/16 in midday trade.Back to top

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.