Four Companies That Could Buy Salesforce

SalesForce.com has been rumored as a potential takeover target and the company’s market cap, previously at $40B, soared on Wednesday as a result. It's unknown what price the company would sell for, analysts speculated a 20% to 25% premium on the stock price may be in order. Potential suitors include Microsoft, as the tech giant has an existing relationship with SalesForce.com through a partnership announced last year. Price should not be an issue for Microsoft as the company has $95B in cash sitting on the balance sheet. Others mentioned as potential suitors include Oracle, SAP and IBM, the San Francisco Business Times reports. SalesForce is a leader in the cloud computing space and any deal has the potential to be one of the largest software company takeovers to date. [SFBT]

Continue reading this story with a free account

Log in or register
Related Topics: IBM , Microsoft , Oracle , Salesforce.com , SAP
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

TPG, ACORE Raise Billions For Opportunistic CRE Funds

Newmark Cuts Earnings Outlook Despite Record Third Quarter

Battered Mortgage REIT Suspends Dividend To Preserve Cash

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Blackstone Mortgage Trust Reports Unexpected Q3 Net Loss

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Office Recovery Moving Faster Than Expected, CoStar Finds

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

CoStar To Acquire Aerial Imagery Company For $730M

BXP Execs See Better Returns In Building Offices Than Buying Them

JLL's Q3 Revenue Surges Amid Strong Leasing, Capital Markets Activity