Microsoft Stop Talks to buy Salesforce




/ 5 years ago

Microsoft Stop Talks to buy Salesforce 1

Anyone keeping an eagle eye on the stock exchange in recent weeks would have noticed a spike in the share prices of Salesforce.com. This stemmed from reports from Bloomberg that an unspecified company was in talks to buy the company. Earlier this month a similar event happened, but this was caused by the interest shown from global giant Microsoft.

Earlier this month a similar event happened, but this was caused by the interest shown from global giant Microsoft. It has been confirmed that talks have taken place; taken place and ended with no further confirmation of a purchase going ahead.

According to multiple people familiar with the situation, Microsoft was prepared to offer around $55 billion (~£35.5 billion) for the cloud company. The Salesforce CEO Marc Benioff aimed to push the asking price higher; as high as $70 billion. Microsoft CEO Satya Nadella was hesitant to seal the deal with such a high asking price that will affect Microsoft in such a massive way.

$55 billion is a huge amount if this went through; it would have been the largest acquisition the company has ever made by a large margin. Largest purchase to date was Skype in 2011 for $8.5 billion, Nokia second at $7.2 billion and third would be Quantive for $6.3 billion back in 2007.

What do you think would have happened to Microsoft if the deal did take place? For better or for worse? Let us know in the comments.

Thank you to ArsTechnica for providing us with this information.


Topics: , , , , , , ,

Support eTeknix.com

By supporting eTeknix, you help us grow and continue to bring you the latest newsreviews, and competitions. Follow us on FacebookTwitter and Instagram to keep up with the latest technology news, reviews and more. Share your favourite articles, chat with the team and more. Also check out eTeknix YouTube, where you'll find our latest video reviews, event coverage and features in 4K!

Looking for more exciting features on the latest technology? Check out our What We Know So Far section or our Fun Reads for some interesting original features.

eTeknix Facebook eTeknix Twitter eTeknix Instagram eTeknix Instagram

Check out our Latest Video

  • Be Social With eTeknix

    Facebook Twitter YouTube Instagram Reddit RSS
  • Latest Video

  • Features

  • Poll

    AMD or Intel?

    View Results

  • Archives


Send this to a friend