Microsoft Corporation acquired LS Retail and To Increase, a transaction announced in September 2009, structured as Acquisition of intellectual property.
LS Retail and To Increase operates in Microsoft Dynamics (ERP / Microsoft Business Solutions), is based in LS Retail: Reykjavik, Iceland; To-Increase: Netherlands. Microsoft Dynamics acquired industry-specific intellectual property from its partners LS Retail (retail solutions) and To-Increase (manufacturing solutions) to embed vertical, industry-focused functionality directly into its ERP products. The move was aimed at accelerating industry innovation for Microsoft Dynamics ERP customers. The referenced press release is no longer reachable on Microsoft's newsroom.
Accelerate industry innovation for ERP customers by embedding partner-developed vertical (retail and manufacturing) IP into Microsoft Dynamics.
Advisory firms were not disclosed for this transaction.