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: Dollar Stores Thrive Amid Economic Concerns: US Consumer Survey Insights 2023, Week 46Weinswig’s Weekly: The Bounty of AI Is Just Around the CornerEarnings Insights 3Q23, Week 5: Burlington and Urban Outfitters Report Solid Results; Kohl’s, Lowe’s and Others See Sales DeclineEarnings Insights 3Q23, Week 1: Deckers, Skechers, L’Oréal and Procter & Gamble Report Solid Results; Amazon Sees Further Improvement in Online Sales
