News
National Technology

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

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

'Redefining Industry Standards': RCG's 3-Pronged Approach To Building Automation

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Equinix Ramps Up Spending Plans Amid Faster-Than-Expected AI Shift