Who’s courting Salesforce? IBM, Oracle among top guesses
A report that Salesforce.com is entertaining takeover offers whipped up a storm of speculation Wednesday, as analysts and other observers mulled the possibility and what it could mean for the enterprise software market. “It would require a massive deal for that to happen,” noted Ray Wang, founder and principal analyst with Constellation Research. “Salesforce still has a lot of growth ahead.” Spurred by the approach of a potential acquirer, Salesforce has hired financial advisers to help it field such offers, according to the Bloomberg report, which was based on anonymous sources. The company’s stock closed up 11.6 percent on the New York Stock Exchange Wednesday, giving it a market capitalization just north of US$47 billion.To read this article in full or to leave a comment, please click here