Salesforce to acquire Own for $1.9bn

▤ Summary

The acquisition aligns with the increasing market focus on data loss mitigation due to various threats. The integration of Own’s capabilities with Salesforce’s existing products, including Salesforce Backup, Shield, and Data Mask, is expected to provide a comprehensive suite of data protection and loss prevention solutions. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form Macedonia, The Former Yugoslav Republic of Tick here to opt out of curated industry news, reports, and event updates from Verdict. Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. “Together with Salesforce, we will deliver even greater value for our customers by driving innovation, securing data, and ensuring compliance in the world’s most complex and highly regulated industries.” Subject to regulatory approvals and customary closing conditions, the transaction is anticipated to conclude in the fourth quarter of Salesforce’s fiscal year 2025 This acquisition follows Salesforce’s recent agreement to purchase Tenyx, which specialises in AI-powered voice agents, to enhance customer service experiences across various industries.

▦ Linked Companies

Salesforce

$1B+