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Microsoft Divests Folio, NXT to Rocket Software | |
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| Time: 15:52 EST/20:52 GMT | News Source: eWeek | Posted By: Kenneth van Surksum | ||
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Microsoft will divest itself of two enterprise products, NXT and Folio, to software-development firm Rocket Software. NXT was originally created as a means for Microsoft to attract Independent Software Vendors (ISVs) to Windows Server products, while Folio came to Redmond as part of the $1.2 billion acquisition of enterprise-search company Fast Search & Transfer (FAST) in 2008. In a FAQ on the Microsoft Website, reasons for the divestment remained cloudy. | ||
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