History of Axapta

Axapta is a highly respected accounting system and ERP solution.

Axapta was first created in 1983 by the brothers Erik and Preben Damgaard in Copenhagen, Denmark.

The company claimed from the start to create an International product that was integrated, scalable and flexible. It was Erik Damgaard's vision to build a platform that could evolve with technology and market demands

In 1994, IBM Corporation acquired 50 percent of Damgaard's development company, expecting to market Damgaard's Axapta product aggressively in the United States.

IBM brought Axapta to the United States in March 1998, but Damgaard wanted to move even more aggressively than IBM did, so it bought back IBM's 50 percent share.


The initial release of Axapta was in 1998, followed by the release of version 2.0 in 1999.
This version introduced the Axapta Object Server that made the product a true 3-tier offering and a COM interface to Microsoft products.

In 2000 Axapta release 2.1 introduced the first Web-Applications for Axapta.

In 2001 Axapta release 2.5 introduced new modules in the application, more web applications and the Commerce Gateway that provides an XML interface to Microsoft Biztalk server.


In October 1999, Damgaard A/S, the parent company, went public.

In December 2000, Navision Software merged with it's Danish rival - Damgaard.

In 2002 Microsoft acquired Navision Axapta and Navision Attain.