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Salesforce Bets on Big Data With $15.3 Billion Tableau Buy (cnbc.com) 26

Salesforce on Monday decided to buy big data firm Tableau Software for $15.3 billion, marking the biggest acquisition in the company's history as it looks to offer more data insights to its clients. From a report: Seattle-based Tableau has more than 86,000 customers, including tech heavyweights such as Verizon and Netflix. As part of the all-stock deal, Tableau shareholders will get 1.103 Salesforce shares, valuing the offer at $177.88 per share, representing a premium of 42% to Tableau's Friday closing price. Salesforce's deal comes days after Alphabet's Google big-data analytics company Looker for $2.6 billion and surpasses the $5.9 billion that the cloud-based software company paid to buy U.S. software maker MuleSoft in 2018.
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Salesforce Bets on Big Data With $15.3 Billion Tableau Buy

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  • Salesforce is growing from a niche software company to a broad player. This should be a good addition to bring better reporting to their marketing & CRM tools. I'm curious if they are going to try and grow into the analytics software business with some more acquisitions or maybe go after the ERP market with a lighter option to SAP and Oracle. Salesforce has a large presence in my city, so I've talked with employees who don't seem to think the company is real well managed, so this buying spree maybe h
    • by ranton ( 36917 )

      Salesforce has a large presence in my city, so I've talked with employees who don't seem to think the company is real well managed, so this buying spree maybe headed for storm clouds later.

      Considering the success Salesforce has had, it's more likely they just disagree with management rather that the company being poorly managed. I work with Salesforce software, and I consistently get frustrated with their developer tools. But I understand making developers happy is not their primary focus. Features that sales, service, and marketing directors care about have always been more important than features like integrated source code control. I may disagree a bit with that focus (or at least the degr

  • That's two of mine deleted today. Man up, Slashdot, and admit you're censoring -- beyond the moderation. You're outright deleting posts, signed posts, not just AC garbage.

    Delete this one. Go ahead.

  • Yeah, they're that bad. (apparently $15 billion worse now) Throw their domain & sending ips in the filter & watch spam volume recd go down.

Children begin by loving their parents. After a time they judge them. Rarely, if ever, do they forgive them. - Oscar Wilde

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