Salesforce Acquires MuleSoft For $6.5 Billion
San Francisco-based Salesforce said on Tuesday that it will acquire San Francisco-based MuleSoft, in a deal with an enterprise value of $6.5 billion. According to the companies, Salesforce will pay $36.00 in cash and 0.0711 shares of Salesforce common stock per MuleSoft Class A and Class B common share, or approximately $44.89 based on Salesforce's common stock on March 19th. The two said the offer is a 36 percent premium over MuleSoft's closing price as of Monday. MuleSoft's software is used by enterprises to modernize legacy apps and connect to Salesforce and SAP.
posted on Wednesday, March 21, 2018
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Salesforce Ventures
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