Microsoft completes Navision acquisition
IT World | at | by Mike
Microsoft Corp. has completed its acquisition of Danish software company Navision A/S in a stock deal valued at US$1.45 billion, the Redmond, Washington, software giant announced Thursday. Microsoft will now merge the Vedbaek, Denmark, company into its Business Solutions division, it said in a statement. Navision rival The Sage Group PLC, of Newcastle upon Tyne, England, opposed the deal. Sage asked the Danish competition authority to request a European Commission investigation into potential anticompetitive behavior by Microsoft and Navision, highlighting the possibility that Microsoft could flush smaller software companies out of the market by bundling Navision's accounting applications with its own software and then flooding the market at a low price.