Interested? Contact Us
Salesforce to buy Demandware in $2.8 billion deal
A Salesforce sign is seen during the company's annual Dreamforce event, in San Francisco, California November 18, 2013.
Reuters/Robert Galbraith
Cloud-based software maker Salesforce.com Inc (CRM.N) said on Wednesday it would buy Demandware Inc (DWRE.N), which provides software to design e-commerce websites, in a deal worth about $2.8 billion.
Salesforce's cash offer of $75.00 per share represents a 56.3 percent premium to Demandware's Tuesday closing.
(Reporting by Anya George Tharakan in Bengaluru; Editing by Saumyadeb Chakrabarty)
Stay Informed
When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.
