Fast stock is rising, as Keith and Fussell are being forced out of the company board by Orkla.

It has been a tough year for Norwegian search engine company Fast Search & Transfer, but now, at the very end of the year, their stock is rising at the Norwegian stock exchange.

The reason for this is twofold.

New deals

First the company has signed a deal with the American cabel TV company Comcast. Comcast will use the FAST personalization framework.

At the same time, the Norwegian newspaper Dagens Næringsliv reports that Microsoft will use Fast ImPulse.

The end of the Keith and Fussell era

Second it seems that the Englishmen Robert Keith and Thomas Fussell may be thrown out of the Fast board.

One of the owners, the Norwegian company Orkla, has demanded a new general assembly. However, they have not presented new board memeber candidates for the board election committee. Fussell has now withdrawn from the position as head of the election committee. He is head of the present board.

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