Salesforce.com, inc. CRM is scheduled to announce its second-quarter results on August 31. In the last one-year period, the company has acquired about 10 companies to strengthen its revenue stream.
The acquisition of the companies plays a key role in generating top- and bottom-line growth. For instance, Street analysts are looking for 23.6 percent top-line growth in the second quarter. Similarly, they estimate EPS of $0.22 indicating an expectation of 15.8 percent from the year-ago period.
The following are companies recently acquired by salesforce.com:
- April 2015: Toopher.
- May 2015: Tempo (app), which has now become a part of the company.
- September 2015: ÄKTA for an undisclosed sum.
- December 2015: MinHash.
- December 2015: SteelBrick for $360 million.
- February 2016: PredictionIO.
- May 2016: Implisit.
- July 2016: Demandware.
- August 2016: Quip for $750 million.
- August 2016: BeyondCore.
At time of writing, salesforce.com was down 0.66 percent at $76.98.
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