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Salesforce buys Quip for $582 million
Publié: août 4, 2016, 5:47am CEST par Sam Pudwell
Salesforce is taking the fight to Alphabet and Microsoft with the $582 million acquisition of Quip, a document collaboration firm that competes with Alphabet’s Google Docs and Microsoft’s Office products. The deal will be completed entirely in stock options and is Salesforce’ third acquisition in the last few months, following the £2.8 billion purchase of enterprise cloud commerce solutions provider Demandware and the acquisition of deep learning company MetaMind. The deal enables Salesforce to boost its document creation and collaboration offering, as well as taking advantage of Quip’s mobile platform. Quip said in a statement: "Salesforce and Quip share the same philosophy about software: it should be in… [Continue Reading]