About This Deal

Microsoft Corporation acquired DriveOff.com Inc., a transaction completed in October 2000.

DriveOff.com Inc. operates in MSN CarPoint, is based in United States (Navidec subsidiary, Colorado). DriveOff.com was an automotive e-commerce company (a subsidiary of Navidec Inc.) that helped consumers research, finance and buy cars online. Microsoft's MSN CarPoint acquired it to make online car buying easier, operating DriveOff.com as a wholly owned subsidiary of CarPoint.

Enhance MSN CarPoint's online car-buying capabilities and streamline automotive e-commerce for consumers.

Deal Terms

Acquirer
Microsoft Corporation
Target
DriveOff.com Inc.
Value
Not disclosed
Date
October 2000
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States (Navidec subsidiary, Colorado)
Segment
MSN CarPoint
Announced
June 12, 2000
Closed
October 3, 2000

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

See how Top Bucket AI works for your firm

Request Demo
Top Bucket AI Research

Stay ahead of private markets

Research and market intelligence for private-markets professionals.

✓

You're subscribed.

Thanks for signing up.