Fast Search and Transfer buys Opticom and becomes master of its own future.

This week Pandia reported on the conflict in Opticom, a company owning some 27 percent of Fast stock.

Rebels managed on Friday to take control of the company, pushing out Opticom boss Robert Keith. However, Robert Keith and Thomas Fussell, the two previously in control of Opticom, started preparing for a new shareholder meeting later this month, and was expected to regain control of the company with the help of shares controlled by Fast and Fast CEO John M. Lervik.

This is a complicated affair, but the main point is that the ones controlling Opticom also controls the future of Fast Search and Transfer and its search engine technology.

The Norwegian site iMarkedet now reports that the conflict has been resolved. Fast will buy all the Opticom shares, gaining total control of the company. Fast will then sell another company owned by Opticon, Thin Film Electronics.

Robert Keith and Thomas Fussell will remain members of the Fast board.

John M. Leirvik says to Aftenposten that he is very happy with the result, as this will contribute to calming down worried customers. It will also make it easier for him to stop any takeovers by companies like Yahoo!