Microsoft Corporation acquired NextBase, a transaction announced in November 1994.
NextBase operates in Consumer software (mapping / AutoRoute, later Streets), is based in United Kingdom. NextBase was a United Kingdom developer of PC-based mapping and route-planning software, best known for AutoRoute. Microsoft acquired NextBase to enter the consumer mapping and navigation software market; the technology evolved into Microsoft AutoRoute and the Streets product line.
Enter the consumer mapping and route-planning software category with an established product and team.
Advisory firms were not disclosed for this transaction.