Home United States USA — IT Salesforce Just Spent $15.3 Billion In Bid To Win Cloud Market Share

Salesforce Just Spent $15.3 Billion In Bid To Win Cloud Market Share

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Salesforce () has announced today that it will be acquiring Tableau for $15.3 billion dollars in an all-stock deal. The deal, if approved, will help strengthen Salesforce’s position as a cloud computing service provider. Salesforce will use Tableau to strengthen its cloud-based analytics and data visualization offering Salesforce, a U. S. company based in San Francisco,…
Salesforce (NYSE:CRM) has announced today that it will be acquiring Tableau for $15.3 billion dollars in an all-stock deal. The deal, if approved, will help strengthen Salesforce’s position as a cloud computing service provider.
Salesforce, a U. S. company based in San Francisco, California, is a cloud-based software company that specializes in and leads the country in sales-tracking software. The company was founded by former Oracle executives in 1999 and closed its most recent fiscal year (2019) with $13.28B in revenue.
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While Salesforce could be said to provide the ability for organizations to collect and store different types of data, Tableau allows customers to visualize those data sets into easy-to-digest graphs and charts with ease.

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