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

October 19, 2016 11:19 AM EDT

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In response to questions if the company is for sale after showing up on salesforce.com'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 StreetInsider.com 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."



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