Menu
You are not logged in and only seeing 7 days of articles. Please sign up or login to view more
UKHotViews
Tuesday 11 June 2019

*UKHotViewsExtra* Salesforce: $15.7bn to visualise a future with Tableau

logoThe bare facts are that Salesforce is to buy data analytics and visualisation specialist Tableau Software for whopping $15.7bn in an all share transaction.

logoIt will be its largest acquisition by far (outstripping the 2018 $6.5bn Mulesoft purchase) and has roused plenty of debate over the generous valuation (Tableau was valued at just under $11bn prior to the announcement and FY19 revenues are expected to be in the $1.24bn to $1.4bn range); and the impact on Salesforce’s FY20 operating margins (a 75 basis point reduction is anticipated). Tableau is expected to add $350m-$400m of revenue to the Salesforce pot, based on a closing date in October 2019.

logoThree things that stand-out from this proposed transaction: Salesforce’s deeper move into high value data and analytics; the Tableau/Mulesoft combo value proposition; and how Salesforce is adjusting to the hybrid environment. Further insight into Salesforce’s Tableau acquisition is available here in HotViewsExtra, available to TechMarketView clients including UKHotViewsPremium subscribers. 

Posted by: Angela Eager at 09:54

Tags: acquisition   cloud   software   analytics   data  

Twitter   Facebook   LinkedIn   Email article link


© TechMarketView LLP 2007-2024: Unauthorised reproduction prohibited see full Terms and Conditions.