Tuesday, June 18, 2024
spot_img

Is Microsoft looking to buy Salesforce?

Microsoft is thinking about making a play to buy Salesforce, according to Bloomberg.

The computing giant is reportedly evaluating a bid to offer to Salesforce for a potential acquisition, after the cloud service company was approached by another would-be buyer, the Bloomberg report states.

Salesforce’s options “could include rebuffing any buyer, or working out a sale, people with knowledge of the matter told Bloomberg last week.”

The rumour isn’t particularly surprising for those following Microsoft recently. Microsoft emphasized its cloud computing innovation during CEO Satya Nadella‘s tenure, as CNBC notes. “Microsoft’s cloud business grew 106 percent year-over-year in its most recent full quarter, the company reported last month,” CNBC adds.

Microsoft and Salesforce used to be bitter rivals, as BI writes, but last year they struck a partnership to make their software work better together.

Salesforce currently enjoys a market cap of about $48 billion, compared to Microsoft’s roughly $385 billion.

Both Microsoft and Salesforce have not confirmed or denied that they have been in talks about an acquisition.

 

Featured

Unleashing the Power of AI in B2B Marketing: Strategies for 2023

The digital marketing landscape is evolving rapidly, with artificial...

How To Check if a Backlink is Indexed

Backlinks are an essential aspect of building a good...

How to Find Any Business Owner’s Name

Have you ever wondered how to find the owner...

Do You Have the Right Attributes for a Career in Software Engineering?

Software engineers are in high demand these days. With...

6 Strategies to Make Sure Your Business Survives a Recession

Small businesses are always hit the hardest during an...
B2BNN Newsdesk
B2BNN Newsdeskhttps://www.b2bnn.com
We marry disciplined research methodology and extensive field experience with a publishing network that spans globally in order to create a totally new type of publishing environment designed specifically for B2B sales people, marketers, technologists and entrepreneurs.

LEAVE A REPLY

Please enter your comment!
Please enter your name here