M&A Deal Summary

Microsoft Acquires Great Plains Software

On December 21, 2000, Microsoft acquired software company Great Plains Software from Innova Capital

Acquisition Highlights
  • This is Microsoft’s 30th transaction in the Software sector.
  • This is Microsoft’s 1st transaction in Poland.

M&A Deal Summary

Date 2000-12-21
Target Great Plains Software
Sector Software
Buyer(s) Microsoft
Sellers(s) Innova Capital
Deal Type Add-on Acquisition

Target

Great Plains Software

Poland
Great Plains Software Inc. today announced plans to join forces in an acquisition designed to provide small and medium companies with the technology necessary to thrive in an increasingly interconnected economy.

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Buyer(S) 1

Buyer

Microsoft

Redmond, Washington, United States

Category Company
Founded 1975
Sector Software
Employees228,000
Revenue 245.1B USD (2024)
DESCRIPTION
Entrance to Microsoft's corporate headquarters in Redmond, Washington.
Entrance to Microsoft's corporate headquarters in Redmond, Washington.

Microsoft is a global technology company that offers a broad spectrum of software products, services, and devices designed to help individuals and organizations across various sectors. Its extensive portfolio includes the Windows operating systems, the Microsoft Office suite for productivity, and the Azure cloud computing platform, providing solutions for computing, analytics, storage, and networking. Microsoft also delves into enterprise applications with Dynamics 365, connects professionals via LinkedIn, and engages gamers through its Xbox brand and related services. Additionally, it offers internet services such as Bing for web search, Outlook.com for email, and Skype for communication. Microsoft was formed in 1975 and is based in Redmond, Washington.


DEAL STATS #
Overall 43 of 213
Sector: Software M&A 30 of 113
Type: Add-on Acquisition M&A Deals 41 of 199
Country: Poland M&A 1 of 1
Year: 2000 M&A 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-09-18 Pacific Microsonics

Union City, Colorado, United States

Pacific Microsonics Inc. (PMI), the developer of HDCD digital audio technology.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-04-30 NCompass Labs

Vancouver, British Columbia, Canada

NCompass Labs offers NCompass Resolution, the enterprise-strength Web content management system for the Microsoft platform. With NCompass Resolution, companies can quickly deploy strategic Web applications -- from personalized e-commerce Internet sites to global intranet sites. Resolution combines complete content contribution and delivery features with template-based publishing and centralized site management, while scaling to meet the needs of enterprise deployments.

Buy -

Seller(S) 1

SELLER

Innova Capital

Warsaw, Poland

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 1.6B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Innova Capital is a private equity firm focused on investment opportunities in Central Europe. Innova generally looks to invest in businesses operating in Poland, Hungary, the Czech Republic, however the firm will also consider companies operating in bordering areas, such as the Nordic Countries, as well as Germany and Austria. Target sectors include business services, specialist media, financial services, and telecom. Innova seeks to commit between €25 to €40 million of equity capital per transaction. The Firm's investment horizon is three to five years. Innova Capital was formed in 1994 and is based in Warsaw, Poland.


DEAL STATS #
Overall 2 of 30
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 12
Country: Poland M&A 2 of 21
Year: 2000 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-11-01 BillBird SA

Cracow, Poland

BillBird.pl SA offers a package of professional products for all participants of the payment handling process. The company launched MojeRachunki.pl, an electronic bill presentment and payment Web service that allows clients to have all their monthly bills paid by BillBird. The company is a part of GTECH LOTTOMATICA corporation, the world’s biggest lottery services company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-02-01 Liberty Poland SA

Bytom, Poland

The leading GSM retailer with 125 stores throughout the Poland. In 2001, Innova funds acquired a 38% interest to expand GSM subscriptions, cellular phones and accessories distribution as well as cellular phones service and repairs.

Buy -