https://techcrunch.com/2020/02/25/salesforce-grabs-vlocity-for-1-33b-a-startup-with-1b-valuation/

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It’s been a big news day for Salesforce . It announced that Co-CEO Keith Block would be stepping down , and that it had acquired Vlocity for $1.33 billion in an all-cash deal. It’s no coincidence that Salesforce targeted this startup. It’s a firm that builds six industry-specific CRMs on top of Salesforce — communications, media and entertainment, insurance and financial services, health, energy and utilities and government and nonprofits — and Salesforce Ventures was also an investor. This would appear to have been a deal waiting to happen. Brent Leary, founder and principal analyst at CRM Essentials says Salesforce saw this as an important target to keep building the business. “Salesf... Full story

26 February

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