Microsoft Corporation acquired DriveOff.com Inc., a transaction completed in October 2000.
DriveOff.com Inc. operates in MSN CarPoint, is based in United States (Navidec subsidiary, Colorado). DriveOff.com was an automotive e-commerce company (a subsidiary of Navidec Inc.) that helped consumers research, finance and buy cars online. Microsoft's MSN CarPoint acquired it to make online car buying easier, operating DriveOff.com as a wholly owned subsidiary of CarPoint.
Enhance MSN CarPoint's online car-buying capabilities and streamline automotive e-commerce for consumers.
Advisory firms were not disclosed for this transaction.