Insight Report 2 minutes PremiumSalesforce to Acquire Demandware for $2.8 Billion in Cash Coresight Research June 2, 2016 Executive Summary Today, Salesforce and Demandware announced that Salesforce will acquire Demandware for $75 per share in cash, for a total transaction value of $2.8 billion. Salesforce, which calls itself the number one customer relationship management (CRM) software company, provides a suite of cloud-based platforms and tools for businesses. Demandware is a leader in enterprise cloud commerce solutions viaits Demandware Commerce Cloud platform. The acquisition is expected to close during Salesforce’s fiscal 2Q17 (ending July) and raise Salesforce’s fiscal 2017 revenues by $100–$200 million, but reduce its full-year EPS by $0.07. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Digitally Native Vertical Brands in the US Beauty Market: Unique Brand Positioning and Expanded Partnerships Fuel Growth10 Key Trends Shaping Livestreaming E-Commerce in 2023Retail Shrink and ORC: Retailers Ramp Up Rollout of Anti-Theft Technologies; Shoplifting Offenses in England and Wales Reach Two-Decade HighThe Future of Fashion, Shaped by Technology: AI-Powered Supply Chains, Operations and Experiences in US Apparel and Footwear Retailing
