Salesforce is unlikely to be acquired: SAP CEO
Frankfurt
SALESFORCE.COM is unlikely to be acquired by a rival technology company because it's prone to falling revenue and waning pricing power, SAP SE's chief executive officer Bill McDermott said. "You don't buy companies where prices are going to drop and revenues will be under pressure in the future," Mr McDermott said at a news conference in Mannheim, Germany, before SAP's annual shareholders meeting on Wednesday.
"I did the benchmark analysis - they have the highest cost per user in the industry," he said. "I don't expect that to be the case" that a competitor such as International Business Machines Corp, Oracle Corp or Microsoft Corp would acquire Salesforce.
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