Microsoft mulling bid for Salesforce: sources
Add BT as a preferred source
Seattle
AS Microsoft Corp mulls over whether to launch a bid for Salesforce.com Inc, it will have to weigh the benefits of a big expansion in cloud computing against the drawbacks of a high price and a costly, time-consuming integration.
Microsoft is pondering a move after Salesforce was approached by another company as recently as April, said people with knowledge of the matter. Salesforce, with a market value of almost US$50 billion, is working with two bankers to determine a response, two of the people said. Microsoft isn't in talks with Salesforce and no agreement is imminent, the people said.
TRENDING NOW
DBS COO’s most important tip for AI transformation: Lead with ‘why’
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
