Market Overview

10 Salesforce Acquisitions Since Last Spring

10 Salesforce Acquisitions Since Last Spring
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Crunchbase CEO Talks Team Diversity, Product Pipeline, inc. (NYSE: 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.

Related Link: Oracle Versus Salesforce: Trip Chowdhry Says Salesforce Woes Are "Fixable"

The following are companies recently acquired by

  • 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, was down 0.66 percent at $76.98.

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