How much did salesforce pay for tableau

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$15.7 billion

Why is Salesforce acquiring Tableau?

Among them:

  • Datorama – A single platform that includes all marketing analytics. Salesforce bought it for $766 million in 2018.
  • Demandware – A cloud-based e-commerce solution. Salesforce bought it for $2.8 billion in 2016.
  • ExactTarget – An email marketing solution. …
  • Krux – An ad tech company. …
  • Radian6 – A social media monitoring platform. …

Is tableau owned by Salesforce?

Users have access to a choice of products for sales, service, marketing, and other business functions. Tableau is a brand of business analytics software owned by Salesforce, which is designed to be compatible with all of its software products.

Was tableau purchased by Salesforce?

Yesterday, Salesforce announced its acquisition of Tableau at an enterprise value of approximately $15.7 billion. At 2018 revenue of $1.16 billion, Tableau acquisition was almost 13.5x. This is also a 31% premium over Tableau’s $10.9 billion market capitalization.

Does Salesforce own tableau?

Tableau Software (/ t æ b ˈ l oʊ / tab-LOH) is an American interactive data visualization software company focused on business intelligence. It was founded in 2003 in Mountain View, California, and is currently headquartered in Seattle, Washington. In 2019 the company was acquired by Salesforce for $15.7 billion. At the time, this was the largest acquisition by Salesforce (a leader in the …

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Why did Tableau sell to Salesforce?

With this integration, Salesforce hopes to provide the users with several benefits such as: A simpler way to connect any data. Integrating the visual analytics capabilities of Tableau with the deep AI capabilities of Einstein Analytics. Help in faster decision making.


How much did Salesforce pay for Tableau per share?

On Feb. 12, Salesforce made its first offer: An all-stock deal at a valuation of $157 per share, a 25 percent premium on Tableau stock at the time that valued the company at roughly $14.1 billion.


How did Salesforce pay for Tableau?

Salesforce has announced its intention to purchase Tableau Software in a deal worth $15.7 billion. On Monday, the US cloud software giant said the acquisition will be made through an all-stock transaction, in which Tableau Class A and Class B common stock will be exchanged for 1.103 shares of Salesforce common stock.


When did Salesforce buy Tableau?

August 2019Tableau was acquired in August 2019. About a year before that, Salesforce bought MuleSoft for its integration and API expertise.


What is Tableau worth?

On June 10, 2019, Tableau was acquired by Salesforce in an all-stock deal worth over $15 billion.


What will Salesforce do with Tableau?

Tableau can help you fully leverage your rich customer data by providing analytics for everyone in your organization. Use Tableau to blend Salesforce data from across the Customer 360 platform with your other business data for increased visibility and a deeper understanding of your customers.


How much did Salesforce pay for slack?

a $27.7 billion dollarCloud computing giant Salesforce has completed its acquisition of Slack, a $27.7 billion dollar deal that adds the messaging app to its suite of enterprise software without immediately changing Slack’s functionality, branding, or leadership.


How much revenue does Tableau generate?

Crunching the numbers from Salesforce’s new disclosure, Tableau’s revenue was about $285 million in the first fiscal quarter ended April 30, 2020, a year ago. That was up less than 1% from revenue of $282.5 million for Tableau’s closest comparable period as a standalone company, its first quarter ended March 30, 2019.


Who are Salesforce competitors?

List of Top Salesforce CompetitorsPipedrive.Freshsales.Salesmate.Zendesk Sell.Keap.HubSpot CRM.ActiveCampaign.Creatio.More items…•


What company owns Tableau?

SalesforceTableau Software / Parent organizationSalesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management software and applications focused on sales, customer service, marketing automation, analytics, and application development. Wikipedia


What did Salesforce pay for MuleSoft?

$6.5 billion18 months after acquisition, MuleSoft is integrating more deeply into Salesforce. A year and a half after getting acquired by Salesforce for $6.5 billion, MuleSoft is beginning to resemble a Salesforce company — using its language and its methodologies to describe new products and services.


Is Tableau a Salesforce product?

Salesforce acquired Tableau back in June for a whopping $15.7 billion.


When did Salesforce buy Tableau?

Salesforce completed the $15.7 billion acquisition in August 2019.


How much revenue does tableau have?

Crunching the numbers from Salesforce’s new disclosure, Tableau’s revenue was about $285 million in the first fiscal quarter ended April 30, 2020, a year ago. That was up less than 1% from revenue of $282.5 million for Tableau’s closest comparable period as a standalone company, its first quarter ended March 30, 2019.


How much did MuleSoft make in 2018?

In the same earnings report, Salesforce made a similar disclosure about MuleSoft, the integration software company it acquired for $6.5 billion in 2018. MuleSoft revenue rose 49% to $380 million in Salesforce’s fiscal first quarter, ended April 30, according to the Salesforce report.


Who is the CEO of Tableau?

Inside Salesforce, the new President and CEO of Tableau is Mark Nelson, the former CTO at SAP Concur, who joined Tableau nearly three years ago as executive vice president of product development.


Who is the CEO of Salesforce?

Salesforce CEO Marc Benioff speaks at CES in Las Vegas. (GeekWire Photo / Kevin Lisota) Seattle-based Tableau Software generated $394 million in revenue for Salesforce in its first fiscal quarter, up 38% from a year ago.


When will Salesforce be acquired?

The acquisition is expected to be completed by October 31, 2019, the end of Salesforce’s third quarter.


Is Tableau compatible with Salesforce?

The press release also makes clear that Tableau is intended to fit with Salesforce Einstein, the company’s initiative to move into machine learning driven analytics. Both Salesforce and Tableau have been moving in that direction, as the market expects.


Is Tableau still independent?

The initial announcement states that Tableau will continue to operate independently, implying that Tableau will be able to continue supporting other applications that compete with Salesforce, but customers will be concerned unless more messaging follows to support the long term viability of independence.


Is Tableau a good acquisition?

Tableau’s acquisition is a sign that Salesforce knows it needs to mature and provide better analytics. It’s a good move.


How much did Salesforce buy Tableau?

In an amazingly quick turnaround for a deal of this scope, Salesforce announced today that it has closed the $15.7 billion Tableau deal announced in June. The deal is by far the biggest acquisition in Salesforce history, a company known for being highly acquisitive.


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Temasek and Falcon Edge Capital have led a $220 million investment in Indian omni-channel eyewear retailer Lenskart, valuing the Bangalore-based startup at $2.5 billion. The new investment, which i…


What is Salesforce’s acquisition of Tableau?

SAN FRANCISCO, Calif. — August 1, 2019 — Salesforce (NYSE:CRM), the global leader in CRM, today announced it has completed its acquisition of Tableau Software, bringing together the world’s #1 CRM with the world’s #1 analytics platform. “Tableau is an extraordinary company, with an amazing product and team and an incredibly passionate community,” …


Is tableau part of Salesforce?

As part of Salesforce, Tableau will be positioned to accelerate and extend its mission to help people see and understand data.


How much will Tableau and Salesforce spend in 2022?

This creates an incredible opportunity for Salesforce and Tableau, as IDC projects worldwide spending on technologies and services that will enable digital transformation to reach $1.8 trillion in 2022. 1.


Who is the CEO of tableau?

Tableau will continue to be led by CEO Adam Selipsky and the current leadership team.


Why is tableau important?

Tableau helps people see and understand data. Tableau’s self-service analytics platform empowers people of any skill level to work with data. From individuals and non-profits to government agencies and the Fortune 500, tens of thousands of customers around the world use Tableau to get rapid insights and make impactful, data-driven decisions. See how Tableau can help you by downloading the free trial at www.Tableau.com/trial.


What is the passcode for a salesforce call?

A live dial-in is available domestically at 866-901-SFDC or 866-901-7332 and internationally at 706-902-1764, passcode 2492128. A replay will be available at (800) 585-8367 or (855) 859-2056 until midnight (ET) Sept. 22 2019. More information is available at www.salesforce.com/investor .


Where is Salesforce located?

Salesforce has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol “CRM.”. For more information please visit https://www.salesforce.com, or call 1-800-NO-SOFTWARE. August 1, 2019.


When is Salesforce’s next conference call?

With the completion of the acquisition of Tableau, Salesforce intends to provide an update with regards to fiscal year 2020 guidance on the company’s second quarter conference call, to be held on Thursday, August 22, 2019 at 2:00 p.m. (PT) / 5:00 p.m. (ET). A live webcast of the event will be available on the Salesforce Investor Relations website at www.salesforce.com/investor . A live dial-in is available domestically at 866-901-SFDC or 866-901-7332 and internationally at 706-902-1764, passcode 2492128. A replay will be available at (800) 585-8367 or (855) 859-2056 until midnight (ET) Sept. 22 2019. More information is available at www.salesforce.com/investor .


Is tableau a CRM?

Tableau will be positioned to further its mission to help the world see and understand data. SAN FRANCISCO, Calif. — August 1, 2019 — Salesforce (NYSE:CRM), the global leader in CRM, today announced it has completed its acquisition of Tableau Software, bringing together the world’s #1 CRM with the world’s #1 analytics platform.

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