Home / Knowledge / News / Information Technology / Microsoft Dynamics acquires LS Retail's industry solution
Microsoft Dynamics acquires LS Retail's industry solution
25
Sep '09
LS Retail announced LS Retail's Industry solution for Microsoft Dynamics AX has been acquired by Microsoft in a move that underlines Microsoft's continued investment in the retail industry.The agreement brings LS Retail's proven end to end retail solution into the Microsoft Dynamics AX portfolio.

In acquiring LS Retail's Microsoft Dynamics AX products,Microsoft Dynamics continues its strategic drive to provide global retail customers with the comprehensive and cost effective, end-to-end retail solution in the market today. It further accelerates Microsoft Dynamics' goal to provide standard retail functionality as part of the Microsoft Dynamics AX core industry solution and unleashes the extensive Microsoft Dynamics retail partner ecosystem in providing vertical and sub-vertical specific functionality efficiently across all retail opportunities.

Acquiring proven solutions, such as LS Retail for AX, is a strategic move that enables Microsoft to drive further innovation with partners and customers in the global retail industry. “Microsoft is investing in building industry functionality into its ERP product Microsoft Dynamics AX and retail is a major focus for us,” says Crispin Read, general manager, Microsoft Dynamics ERP. "Acquiring a proven solution like LS Retail AX is a strategic move that enables Microsoft to drive further innovation with partners and customers.”

“This acquisition is a great recognition for LS Retail worldwide and further strengthens the existing relationship between Microsoft and LS Retail. LS Retail will continue to develop add-on solutions for the acquired solution, providing support and training for the industry, “says Gunnar Björn Gunnarsson, CEO LS Retail EHF. “LS Retail will also continue with its entire retail suite of solutions on the Microsoft Dynamics NAV platform and through this acquisition we expect increased opportunity and exposure for the company. For Microsoft, this acquisition represents a significant opportunity to increase its presence in the mid-market retail industry for ERP-based solutions.”

Finally, the agreement will enable LS Retail to focus on its core ISV company mission, to extend, enhance and supplement Microsoft Dynamics ERP solutions in vertical and sub-vertical retail markets.In developing Microsoft Dynamics NAV and Microsoft Dynamics AX retail solutions over the last decade, LS Retail and its partners have become trusted partners that have added value to customers across a broad set of retail-focused industries including furniture, fashion, electronics, convenience stores, and more

LS Retail is one of the principal companies developing retail and hospitality solutions based on Microsoft Dynamics for the international arena. LS Retail has been sold to 132 countries, translated into 33 languages and is distributed through a partner network including 120 Certified partners in more than 60 countries.

LS Retail

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search