Salesforce.com (CRM) CEO Says Company Looking for Talent
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Price: $166.11 +1.76%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1%
Revenue Growth %: +11.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1%
Revenue Growth %: +11.0%
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Speaking at the TechCrunch conference yesterday, Salesforce.com (NYSE: CRM) CEO Marc Benioff said "We are looking to make money and amplify strategic requirements, and looking for talent." Salesforce.com has bought over 20 companies in its history, so the idea of growth through acquisition isn't completely foreign to Benioff. The company is rapidly expanding its reach by enabling more kinds of applications to be built on the Salesforce cloud platform.
Okta, Box and Asana are few companies in the enterprise software space Benioff chose to ignore as acquisition targets in the past, but they are viewed by Salesforce as competition. The companies became the butt of a joke at the TechCruch conference yesterday, when Michael Arrington said the CEOs of the companies must be getting nervous backstage knowing that Salesforce.com is planning to destroy them.
Okta, Box and Asana are few companies in the enterprise software space Benioff chose to ignore as acquisition targets in the past, but they are viewed by Salesforce as competition. The companies became the butt of a joke at the TechCruch conference yesterday, when Michael Arrington said the CEOs of the companies must be getting nervous backstage knowing that Salesforce.com is planning to destroy them.
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