Microsoft acquires Adxstudio Inc.
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Microsoft continues its acquisition spree with another company that already develops products connected to the Redmond giant's products. Adxstudio Inc. is a provider of Web portal and application lifecycle management solutions based on Microsoft's .NET, SharePoint, and Dynamics CRM platforms. It has been founded back in 1998 and is now a Microsoft Gold Application Development and Customer Relationship Management competency partner.
According to The Official Microsoft Blog, "With this acquisition of our long-time partner, our customers will immediately be able to take advantage of new and exciting ways to engage with customers online." Adxstudio Web portals are already built natively on Dynamics CRM, so integrating the company and its products is a natural move for Microsoft.
The same source mentioned above highlights that, by taking over the Adxstudio products and its 60-strong team, Microsoft accelerates its efforts to help customers build their own CRM Web engagement solutions, as the new capabilities "enable any business process to become Web-facing." The financial terms of the deal have not been unveiled, as usual.