Salesforce (NYSE: CRM) is to acquire Vlocity, a provider of industry-specific cloud and mobile software.
The amount of the deal was not disclosed.
The acquisition will enable Salesforce to enhance its offering. Vlocity’s feature set will continue to complement Salesforce’s industry capabilities and product knowledge, open up new industry capabilities built on the Salesforce platform and provide customers with more tools and expert guidance to digitally transform.
Built natively on the Salesforce platform, Vlocity is a provider of industry-specific cloud and mobile software for the world’s top communications, media and entertainment, energy, utilities, insurance, health and government organizations to increase sales, service and marketing agility, operational efficiency and faster time to value. The company is headquartered in San Francisco, with offices throughout North America, Europe, Asia, and Latin America.
Read the post written by David Schmaier, CEO & Founder about the acquisition here.
FinSMEs
27/02/2020