Salesforce in talks to buy ClickSoftware for $1.5 billion: report

General News

▤ Summary

TEL AVIV (Reuters) – Salesforce.com ( CRM.N ) is in talks to acquire U.S.-Israeli software developer ClickSoftware Technologies for around $1.5 billion, the Calcalist financial news website reported on Wednesday. U.S. private equity firm Francisco Partners bought ClickSoftware in 2015 for $438 million and delisted the provider of cloud-based field service management software from Nasdaq. If a deal goes ahead, it would be the second significant acquisition by Salesforce in Israel in less than a year after it paid $850 million for Datorama , an Israeli cloud-based artificial intelligence marketing platform. Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more.

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industries
Fintech & Banking
applications
Facilities Management

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SaaS CRM Software Enterprise Software

▦ Linked Companies

Salesforce
$1B+
ClickSoftware
$1M to $5M