If Salesforce ever goes up for sale, Piper Sandler analyst Brent Bracelin predicted in a research note Microsoft would be the buyer.
Salesforce would be an attractive acquisition, according to Bracelin, because Microsoft has less than 5 percent market share of front-office applications — the market term for software that helps salespeople and service reps keep track of their customers, which is an area where Salesforce specializes.
Such a deal "would elevate Microsoft as the software-as-a-service alternative to Oracle, IBM, SAP and AWS," Bracelin wrote in the note. Despite there being no public indication Salesforce is pursuing a sale, it's not the first time in recent memory that the company has come up as a potential acquisition target by a bigger rival. RBC Capital Markets recently predictedBracelin said the Microsoft deal has a "low likelihood given sheer size of potential deal and willingness to sell."
Salesforce's market cap is $167.56 billion at the time of this writing and a buyer would likely pay a premium. RBC predicted Salesforce could be valued at as much as $250 billion in an acquisition — a premium of some 70% of its market cap at the time of writing.
They tried once. They wanted a fortune at the time.
“An analyst says”.... bruh seriously?
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »