Microsoft Acquires Navision ERP Company for $1.4 Billion

What is Navision ERP

Source: cbsi-corp

Microsoft Dynamics NAV is an enterprise resource planning (ERP) app from Microsoft. The product is part of the Microsoft Dynamics family, and intended to assist with finance, manufacturing, customer relationship management, supply chains, analytics and electronic commerce for small and medium-sized companies and local subsidiaries of large international groups. For modifications of the system, the proprietary programming language C/AL is used. Navision originated at PC&C A/S (Personal Computing and Consulting), a company founded in Denmark in 1984. The Microsoft Dynamics NAV software is consist of Database Server, Application Server and clients like Windows client, SharePoint client, Web client, in 2016 NAV provides Phone Client and Tablet Client.

Navision Acquisition to Microsoft in $1.4 Billion

On July 11, 2002 Microsoft Corp. announced that it has acquired Navision ERP. Microsoft expects to purchase Navision’s shares for approximately $1.45 billion (U.S.)/1.48 billion euros/10.97 billion Danish krones in stock and cash. It’s the second big ERP purchase for Microsoft – the last being that of Navision competitor Great Plains in 2001.

Because of the obtaining, initially declared May 7, 2002, Navision will turn out to be a part of Microsoft Business Solutions. Microsoft Business Solutions is driven by Doug Burgum, senior VP of Microsoft and previous administrator and CEO of Great Plains. Navision co-CEOs Jesper Balser and Preben Damgaard will stay with Microsoft Business Solutions. Balser will move toward becoming executive of worldwide methodology, and Damgaard will move toward becoming chief of Europe, Middle East and Africa (EMEA) activities. The EMEA activities will be based out of Navision’s corporate base camp in Vedbaek, Denmark.

“Joining the organizations of Navision, a midmarket pioneer in Europe, and Microsoft Great Plains to make Microsoft Business Solutions will create brilliant business open doors for our accomplices and an exceptional cluster of answers for our clients,” Burgum said. “Together, we have the general population, items and advances to enliven Microsoft’s central goal of empowering individuals and organizations around the world to understand their maximum capacity.”

Microsoft Business Solutions will keep on creating, market and bolster Navision’s business applications. These applications — Microsoft Navision Axapta, Microsoft Navision Attain, Microsoft Navision C5 and Microsoft Navision XAL.

Later, as Microsoft Business Solutions found they had 4 ERP solutions: Navision, Axapta, Solomon and Great Plains, they decided to merge the brand and now call the solutions Microsoft Dynamics NAV, Microsoft Dynamics AX, Microsoft Dynamics SL and Microsoft Dynamics GP respectively.

Recent Update:

Navision’s name will be changed to Dynamics 365 Business Central

On April 2nd, 2018 Microsoft formally released their latest Dynamics 365 ERP product, Business Central. While new in name, Business Central runs on the same code base as Dynamics NAV. The Software as a Service (SaaS) version of business central is available immediately, the on-premises/hosted version will be released in the Fall of 2018. Beginning in the Fall all future versions of NAV will be called Business Central.

Windows based Navision versions:

1. Navision Financials 1.00: 1.00, 1.00A, 1.00B, 1.10, 1.10A, 1.20, 1.30
2. Navision Financials 2.00: 2.00, 2.00A, 2.00B, 2.00C, 2.01, 2.01A, 2.01B
3. Navision Financials 2.50: 2.50
4. Navision Financials 2.60: 2.60, 2.60A, 2.60B, 2.60C, 2.60D, 2.60E
5. Navision Financials 2.65: Introducing the NAS (Navision Application Server)
6. Navision Solutions 3.00: 3.00
7. Navision Attain 3.01: 3.01, 3.01A, 3.01B
8. Navision Attain 3.10: 3.10, 3.10A, 3.10B
9. Navision Attain 3.60: 3.60, 3.60A
10. Microsoft Business Solutions Navision 3.70: 3.70, 3.70A, 3.70B
11. Microsoft Business Solutions NAV 4.00: 4.00, 4.00 SP1, 4.00 SP2, 4.00 SP3
12. Dynamics NAV 5.00: 5.00, 5.00 SP1
13. Dynamics NAV 2009: (“6.00”) 2009, 2009 SP1, 2009 R2
14. Dynamics NAV 2013: (“7.00”) 2013, (“7.1”) 2013 R2
15. Dynamics NAV 2015: (“8.00”) 2015
16. Dynamics NAV 2016: (“9.00”) 2016
17. Dynamics NAV 2017: (“10.00”) 2017
18. Dynamics NAV 2018: (“11.00”) 2018

Microsoft Dynamics NAV Features

Microsoft Dynamics NAV provides features including financials, reporting, supply chain management, service management, and more such as:

1. Business Intelligence & Analytics
2. Warehouse Management
3. Financial Management
4. Ecommerce
5. Mobile Sales
6. Mobile Service
7. Advanced Forecasting
8. Inventory Management
9. Project & Jobs Management
10. Service Management
11. Human Resource & Payroll
12. Manufacturing
13. Distribution
14. Sales & Marketing
15. Point of Sale
16. Payroll