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02-07-2020, 05:18 PM #1
- Join Date
- May 2017
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- 123
CRM Tip of the Week - Will Google buy Salesforce?
Over the last month there has been some serious speculation that Google will attempt to pull off a behemoth of a deal and acquire Salesforce. This speculations was kicked into high gear by the RBC Capital Markets prediction that Salesforce could be purchased for around $250B, and backed up with the Google’s Cloud services not so private announcement last year that they are aiming to become at least the #2 Cloud by 2023. What better way to jump start that than by acquiring Salesforce? ...
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The CloudMyBiz Team
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02-07-2020, 07:57 PM #2
- Join Date
- Feb 2016
- Posts
- 2
Salesforce market cap = $161 Billion. Google cash on hand = $117 Billion. Linkedin purchase price = $26 billion. Can Google afford Salesforce? Be a huge play, have to borrow issue stock pay premiums etc.
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02-14-2020, 03:09 PM #3
- Join Date
- May 2017
- Posts
- 123
Agreed - it would be a huge purchase, and a bit of a gamble
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