Salesforce to buy data protection provider Own Company for $1.9 billion

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Data Protection News

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The acquisition comes at a time when customers are increasingly focused on mitigating data loss due to system failures, human error, and cyberattacks...

-Salesforce said on Thursday it would buy Own Company, a provider of data protection and data management solutions, for $1.9 billion in cash.

Salesforce said it expects to achieve accretion on a free cash flow basis starting in the second year following the closing of the deal, which it anticipates to be in the fourth quarter of fiscal 2025.How much does it cost to be a Chicago Bears fan in 2024? Here's how to watch every game this seasonWe recently compiled a list of the 20 Trending AI Stocks on Latest Analyst Ratings and News.

 

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