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Microsoft Dynamics AX was originally developed by Damgaard Data A/S as Axapta in Denmark before Damgaard was merged with Navision Software A/S in 2000. The combined company, initially NavisionDamgaard, later Navision A/S, was then ultimately acquired by the Microsoft Corporation in the summer of 2002. Before the merger, Axapta was initially released in March, 1998 in the Danish and U.S. markets. Today, it is available and supported in forty-five languages in most of the world.
Custom AX development and modification is done with its own IDE, MorphX, that contains various tools such as a debugger, code analyzer, and query interface. This development environment resides in the same client application that a normal day-to-day user would access, thus allowing development to take place on any instance of the client. The development language used in Axapta is X++.
On June 9, 2006, Microsoft completed developing the latest version (4.0) in facilities spanning the globe and including sites in Vedbæk, Denmark; Kiev, Ukraine; Fargo, North Dakota, USA; and Redmond, Washington, USA.
Microsoft Dynamics AX
Microsoft Dynamics AX is an integrated, adaptable business management solution that helps you and your people make business decisions with greater confidence. Microsoft Dynamics AX works like and with familiar Microsoft software, automating and streamlining business processes and connecting you with global customers, business partners, and subsidiaries in a way that helps you drive business success.
http://www.microsoft.com/dynamics/ax/default.mspx