Microsoft's Fast unit probed over accounting

The software company confirms that police showed up on Thursday at its offices in Oslo, Norway. Microsoft says it is cooperating fully with police inquiries.

Microsoft's recently acquired Fast Search & Transfer was charged on Thursday with accounting fraud by Norwegian officials, Reuters reported Thursday.

According to the Reuters report, police raided Fast's offices in Oslo in order to preserve evidence.

Microsoft didn't mention the charges in a statement, but it confirmed that police showed up at its offices Thursday.

"We can confirm that the Norwegian Police for Economic Crime this morning conducted inquiries at Fast's offices in Oslo," the software maker said in a statement. "Microsoft and its subsidiary Fast Search & Transfer (are) cooperating fully with the police inquiries. We are not in a position to make any further comments at this time."

Fast, which specializes in enterprise search, was acquired by Microsoft earlier this year for $1.2 billion.

About the author

    During her years at CNET News, Ina Fried has changed beats several times, changed genders once, and covered both of the Pirates of Silicon Valley. These days, most of her attention is focused on Microsoft. E-mail Ina.

     

    Join the discussion

    Conversation powered by Livefyre

    Don't Miss
    Hot Products
    Trending on CNET

    HOT ON CNET

    Want a home monitoring camera?

    Here's an easy and affordable DIY video-monitoring system.