The Cloud Consultancy Europe Ltd.
+44 (0) 203 637 6667 [email protected]
Bloomberg Business say Salesforce is reportedly working with advisers as the company attempts to deal with acquisition approaches from Oracle and Microsoft.

The news that financial advisers have been called in, which is claimed in the report, suggests that Salesforce is taking the approach seriously and weighing its options.

There is no certainty any deal will transpire, the people said, asking not to be named because the information is private. The people didn’t identify potential acquirers. Bankers may help rebuff any suitor or work out an eventual sale, one of the people said.

Salesforce jumped 11.6 percent in New York trading Wednesday, giving it a market value of about $49 billion.

Read More Here

Source: New feed