Navision, a collection of accounting applications, was acquired by Microsoft in 2002.Navision originated at a company named PC&C A/S founded in Denmark and catered to accounting applications only. It allowed simultaneous access by multiple users. In 2003 Microsoft announced to give the system a completely new ERP face. In 2005 the product was rebranded and got a new name, Microsoft dynamic nav – using dynamics nav is more easy. The design has since then gone through various name and version changes over time.