![]() ![]() The following year, data visualization company Tableau was snapped up for $15.3B. In 2018, it paid $6.5B to acquire MuleSoft, the leading platform for building application networks. This cloud tool helps maximize banker efficiency and productivity while ensuring compliance and client engagement.Īcquisitions have been an important strategy for Salesforce. This past quarter, Salesforce expanded its offerings to include investment banks through its Corporate and Investment Banking for Financial Services Cloud. The operating margin for the year is expected to improve to 1.8% (from 1.4%). ![]() $6.24B expected – the highest ever in a quarterįor the full year 2021, revenue is expected to be around $26.25B and EPS around $4.37, both ahead of analyst estimates. Salesforce beat expectations for the May-July quarter as the shift to hybrid work kept demand for its cloud-based software strong. ![]() ( Tweet This) Acquisitions: A Core Strategy Value creation for the shareholders seems to be in full swing at one of the most valuable software companies. It recently completed the acquisition of Slack for $27.7B and raised the guidance for the year. ☁️ Salesforce: No Slacking Off On Growth?Ĭloud software company Salesforce Inc. ![]()
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