May 8, 2002

Microsoft to buy Danish software company Navision

From the Seattle Post-Intelligencer:
"In a bid to extend its reach into small- and mid-sized European companies, Microsoft Corp. said Tuesday that it was acquiring the Danish
business software house Navision for $1.3 billion in cash and stock.

The acquisition would be Redmond-based Microsoft's second largest after its $1.5 billion purchase of U.S. graphic software maker Visio in 2000."

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