Heard on the Street: Salesforce's deal for Tableau Software is a sign that the company can’t let up on the gas
It is no Twitter, but Salesforce.com Inc.’s largest deal to date also represents the furthest the cloud software company has ventured out of its comfort zone.
Salesforce announced Monday that it plans to acquire Tableau Software in an all-stock deal valued at around $15.7 billion. It is the acquisitive company’s largest deal so far—more than double the size of last year’s $6.5 billion roll-up of MuleSoft. It also seems to have been a long time in coming. The investing public learned in a leak that Salesforce was evaluating...
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