Idea
“Minimal” compactification: Given a locally compact Hausdorff space $X$, the $C^\ast$-algebra $A=C_0(X)$ is commutative. If $A$ can be embedded as an ideal in a unital $C^\ast$-algebra $D$ as an ideal, this corresponds to the embedding of $X$ as an open set in a compact Hausdorff space $Y$. If $Y=X^\dagger$ is the on-point compactification, this embedding is minimal. The $C^\ast$-analog is to take $D=A^\ast$, the unitization.
“Maximal” compactification: Another way to compactify $X$ is to take the Stone-Cech compactification $\beta X$. The $C^\ast$-analog for this is to take the multiplier algebra $M(A)$ of $A$. Namely, for $X$ a locally compact Hausdorff space, we have $M(C_0(X))\cong C_b(X)$ and also $\operatorname{Spec}(C_b(X))\cong \beta X$.
Definition
- Contains $A$ as an essential ideal;
- If $A$ is in an ideal of a $C^\ast$-algebra $D$, the identity map on $A$ extends uniquely to a $\ast$-homomorphism $D\to M(A)$ whose kernel is $A_D^\bot$.
It can be proved that $M(A)$ exists and is unique up to isomorphism over $A$.
Related
Crossed product
For the crossed product algebra $A\rtimes_\alpha G$ of a $C^\ast$-algebra $A$ and a locally compact topological group $G$ together with a continuous (for the point-norm topology) action $\alpha:G\to \operatorname{Aut}(A)$, $A$ and the group of unitaries isomorphic to $G$ sits inside the multiplier algebra $M(A\rtimes_\alpha G)$.