Search through our UKHotViews and UKHotViewExtra articles plus complete research reports
The bare facts are that Salesforce is to buy data analytics and visualisation specialist Tableau Software for whopping $15.7bn in an all share transaction.
It will be its largest acquisition by far (outstripping the 2018 $6.5bn Mulesoft purchase) and has roused plenty of debate over the generous valuation (Tableau was valued at just under $11bn prior to the announcement and FY19 revenues are expected to be in the $1.24bn to $1.4bn range); and the impact on Salesforce’s FY20 operating margins (a 75 basis point reduction is anticipated). Tableau is expected to add $350m-$400m of revenue to the Salesforce pot, based on a closing date in October 2019.
Three things that stand-out from this proposed transaction: Salesforce’s deeper move into high value data and analytics; the Tableau/Mulesoft combo value proposition; and how Salesforce is adjusting to the hybrid environment. Further insight into Salesforce’s Tableau acquisition is available here in HotViewsExtra, available to TechMarketView clients including UKHotViewsPremium subscribers.
Posted by: Angela Eager at 09:54
Tags: acquisition cloud software analytics data
© TechMarketView LLP 2007-2024: Unauthorised reproduction prohibited see full Terms and Conditions.