Microsoft Corporation acquired Adxstudio Inc, a transaction announced in September 2015, structured as Acquisition of key product and technology assets.
Adxstudio Inc operates in Microsoft Dynamics CRM. Adxstudio provided web-portal and application-lifecycle-management solutions for Microsoft Dynamics CRM. Microsoft acquired key product and technology assets to accelerate web self-service customer-engagement capabilities, letting organizations make business processes web-facing.
Web self-service is the most popular customer-support channel, and Adxstudio lets Microsoft and ISVs build CRM web-engagement solutions that are personalized, proactive and predictive.
Microsoft is committed to delivering intelligent customer engagement solutions to empower people and organizations to use these new channels to more effectively connect with their customers online.Bob Stutz, Corporate Vice President, Microsoft Dynamics CRM
Advisory firms were not disclosed for this transaction.