Raymond James Downgrades Demandware (DWRE) to Market Perform

Deutsche Bank Downgrades Demandware (DWRE) to Hold

June 2, 2016 7:51 AM EDT

Deutsche Bank downgraded Demandware (NYSE: DWRE) from Buy to Hold with a price target of $75.00.

For an analyst ratings summary and ratings history on Demandware click here. For more ratings news on Demandware click here.

Shares of Demandware closed at $74.81 yesterday.

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Demandware (DWRE) volatility flat into Salesforce.com (CRM) acquiring in $2.8B deal

June 1, 2016 7:25 AM EDT

Demandware (NASDAQ: DWRE) June call option implied volatility is at 51, July is at 41 compared to its 52-week average of 35 to 109 into Salesforce.com (CRM) acquiring for $75 per share in cash.

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Salesforce takes aim at e-commerce with $2.8 billion Demandware buy

June 1, 2016 7:14 AM EDT

By Anya George Tharakan and Kshitiz Goliya

(Reuters) - Cloud-based software maker Salesforce.com Inc (NYSE: CRM) said on Wednesday it would buy Demandware Inc (NYSE: DWRE), whose software is used by businesses to run e-commerce websites, for about $2.8 billion.

The deal would help Salesforce open a new front as it seeks to take more market share from traditional software providers such as Oracle Corp (NYSE: ORCL) and SAP AG , both of which already offer cloud-based e-commerce services.

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salesforce.com (CRM) to Acquire Demandware (DWRE) in ~$2.8B Deal

June 1, 2016 7:02 AM EDT

Salesforce (NYSE: CRM) and Demandware (NYSE: DWRE) anounced that they have entered into a definitive agreement under which Salesforce will acquire Demandware in a transaction worth approximately $2.8 billion (net of cash acquired). Under the terms of the agreement, Salesforce will commence a tender offer for all outstanding shares of Demandware for $75.00 per share, in cash. The transaction is expected to close in the second quarter of Salesforce's fiscal year 2017, ending July 31, 2016.

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"Demandware is an amazing companythe global cloud leader in the... More