Salesforce to acquire Tableau Credit: Magdalena PetrovaIDGNSIDG
Business Management

Salesforce to acquire Tableau

Salesforce has signed a definitive agreement to acquire analytics platform vendor Tableau in a US$15.7 billion deal.

"We are incredibly excited to announce that we have entered into a definitive deal for Tableau to be acquired by Salesforce in one of the most historic combinations in the history of the software industry," Adam Selipsky, Tableau CEO and founder said.

"In a short 16 years, we have gone from a start-up in a bedroom to a billion dollar public company. We have been able to serve millions of people in more than 86,000 organisations around the world. We have been heads down building and delivering the analytics capabilities that are so critical to all of those customers. 

"And with a bright future ahead of us, as we’ve powered through the subscription transition, built an enterprise business, and strengthened so many parts of the company," Selipsky explained adding this was why Tableau was attractive to Salesforce.

Selipsky said that the growth potential is "enormous" and that the founders, board of directors and management team all agreed this was the best way forward.

To continue reading...


PREVIOUS ARTICLE

« Halo Reach on PC plays pretty much like you'd expect (and that's a good thing)

NEXT ARTICLE

7 ways to make use of your old iPhone »
author_image
IDG News Service

The IDG News Service is the world's leading daily source of global IT news, commentary and editorial resources. The News Service distributes content to IDG's more than 300 IT publications in more than 60 countries.

  • Mail

Poll

Do you think your smartphone is making you a workaholic?