/* ---- Google Analytics Code Below */

Monday, June 10, 2019

Salesforce to Acquire Tableau

Worked with Tableau from the very beginning.   Seen impressive things from both companies.  Indications from both for linking to learning AI.

Salesforce is buying data visualization company Tableau for $15.7B in all-stock deal   By Ingrid Lunden  @ingridlunden / 6 hours ago

On the heels of Google  buying analytics startup Looker last week for $2.6 billion, Salesforce today announced a huge piece of news in a bid to step up its own work in data visualization and (more generally) tools to help enterprises make sense of the sea of data that they use and amass: Salesforce is buying Tableau for $15.7 billion in an all-stock deal.

The latter is publicly traded and this deal will involve shares of Tableau Class A and Class B common stock getting exchanged for 1.103 shares of Salesforce  common stock, the company said, and so the $15.7 billion figure is the enterprise value of the transaction, based on the average price of Salesforce’s shares as of June 7, 2019.

This is a huge jump on Tableau’s last market cap: it was valued at $10.79 billion at close of trading Friday, according to figures on Google Finance. (Also: trading has halted on its stock in light of this news.) ... " 

No comments: