Salesforce is buying Tableau for $15 Billion in all-stock deal. “ We are bringing together the world’s #1 CRM with the #1 analytics platform. Tableau helps people see and understand data, and Salesforce helps people engage and understand customers. It’s truly the best of both worlds for our customers–bringing together two critical platforms that every customer needs to understand their world,” said Marc Benioff, chairman and co-CEO, Salesforce.
The acquisition is expected to add about $350 million to $400 million to Salesforce.com Inc.’s fiscal 2020 revenue.
Share of Tableau common stock will be exchanged for 1.103 shares of Salesforce. The deal was approved by both companies’ boards and is expected by October .
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