The $6.5 billion acquisition that everyone hated a year ago was the only thing everyone loved about Salesforce's latest quarter

📆 2019/03/06 06:47:00
📰 BusinessInsider

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Salesforce announced it would acquire MuleSoft nearly a year ago. Here's how much revenue MuleSoft generated and why Salesforce sees potential in it.

generated $3.6 billion in revenue, 26% higher than this time last year. Total subscription and support revenue was $3.38 billion. The company's revenue guidance for the first quarter however, was slightly below Wall Street's expectations.

"Now, we are coming up on 1 year since our acquisition of MuleSoft and we are absolutely thrilled by their outstanding performance and the value we are creating for customers like SunTrust, State of Colorado and Unilever," Keith Block, co-CEO of

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Pffffft. Muelsoft was a GREAT acquisition. Easy and seamless integration is everything.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This is the big stock market level that everyone is watchingInvestors everywhere are watching the 2,800 level on the S&P 500 to see if the stock rally will fizzle there, or break through, signaling the potential for new highs. What good reasons are there for stocks in an aging market full of poor econonic news? There is already a 'Trade Talk' bubble on top of all the other bubbles Yet! You pump allllllll dayyyyyyyyy?
Source: CNBC - 🏆 12. / 72 Read more »