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Salesforce Acquires ClickSoftware For $1.3bn

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Geekz Snow
Salesforce Acquires ClickSoftware For $1.3bn

CRM and cloud services provider Salesforce has announced that it will acquire ClickSoftware, a developer of in field service management solutions.

Salesforce will acquire US/Israel-based ClickSoftware for approximately $1.35bn, made up of a mixture of cash and Salesforce common stock.

Salesforce was in the headlines in May when its customers experienced disruption to its cloud-based services, after the deployment of a database script inadvertently granted users broad permissions over companies’ data.

But these disruptions have done little to dampen the acquisitive nature of Salesforce.

Indeed, the acquisition of ClickSoftware comes a week after the firm closed its $15bn purchase of data analytics firm Tableau.

The acquisition of ClickSoftware is designed to bolster Salesforce’s growth of its cloud-based products to manage customer service operations.

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Geekz Snow
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