June 1, 2016Blog Posts

Salesforce.com to Acquire Demandware for $2.8 Billion

The New York Times

Salesforce.com is fluffing up its cloud business, but at a high cost. Marc Benioff’s online-software company has agreed to pay $2.8 billion for the e-commerce specialist Demandware. That may add some zip to slowing growth while bolstering a heated rivalry with the old-school Oracle. But the price includes a high premium of nine times estimated revenue.

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