Veeva Systems (VEEV) Says Focused on Building Business in Response to Sale Rumors After Leak

October 19, 2016 11:19 AM EDT

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.

In response to questions if the company is for sale after showing up on's (NYSE: CRM) hacked takeover target list, Veeva Systems (NYSE: VEEV) said it remains focused on building its business and can't comment on other plans.

"While we don't comment on other's plans, we can tell you we remain focused on building the industry cloud for life sciences and creating a multi-billion dollar company over the long-term," Roger Villareal, VP Corporate Communications, told in an e-mail. "Industry cloud is one of the largest categories of the enterprise software market with significant potential, as many customers migrate from aging legacy systems."

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Management Comments, Rumors

Add Your Comment