Free ride? I'll say

Started May 4, 2002 | Discussions thread
Gene Miller Veteran Member • Posts: 3,798
Microsoft is well and still growing:

Looks like Microsoft is well and still growing:

"Microsoft to Buy Navision for $1.33 Bln

Microsoft said on Tuesday it offered to buy Danish enterprise software firm Navision for 10.8 billion crowns ($1.33 billion) in one of the biggest takeovers by the U.S. software giant.

The offer for cash or stock of 300 Danish crowns for every Navision share will bolster Microsoft's efforts to expand in the fast-growing market for software that helps small and medium-sized companies automate and connect their finances, human resources, production and customer relationships.

"This acquisition is important to help us sustain our growth rate," Microsoft's European president Jean-Philippe Courtois told Reuters in a telephone interview.

Navision, which generates 86 percent of its revenues in Europe, will be integrated with its U.S. peer Great Plains, which has 80 percent of its sales in the U.S. and which was taken over by Microsoft in late 2000 for $1.1 billion, Courtois said."

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