Cloud Computing: Salesforce reportedly fielding takeover offers

April 30, 2015 Off By David

Grazed from SeattleTimes.  Author: Alex Sherman and Cory Johnson.

Salesforce.com is working with financial advisers to help it field takeover offers after being approached by a potential acquirer, people with knowledge of the matter said.

There is no certainty any deal will transpire, the people said, asking not to be named because the information is private. The people didn’t identify potential acquirers. Bankers may help rebuff any suitor or work out an eventual sale, one of the people said.  Salesforce stock jumped 11.6 percent in New York trading Wednesday, giving it a market value of about $49 billion…


A takeover of Salesforce would be the largest ever of a software company, and for any buyer it would mark an aggressive push into cloud computing — the delivery of business software and services via the Internet — buttressing the portfolios of its largest rivals: Oracle, Microsoft and SAP…

Read more from the source @ http://www.seattletimes.com/business/salesforce-bankers-said-to-be-dealing-with-takeover-inquiry/