Tableau is a leading analytics platform that will help Salesforce augment its current product offerings, which include tools to help companies with sales, marketing and customer service. The company's chairman, Marc Benioff mentioned in a statement that the combination of the world's top CRM provider and the top analytics platform should result in a collaboration that would essentially be a match made in heaven.
Tableau has more than 86,000 customers, including tech heavyweights such as Verizon Communications Inc and Netflix Inc.
The San Francisco-based company said the deal is likely to add up to $400m in its 2020 revenue, but would decrease adjusted profit by about 37 cents to 39 cents per share. In its last fiscal year ending January 31, Salesforce earned $1.43 per share on $13.28 billion in revenue.
Watch the Square Enix Press Conference Right Here
Square Enix could very easily have released the same game with modern graphics and music, and the fans would be satisfied. Gameplay was not revealed in detail at the presentation, but the game will feature online co-op with up to four players.
The companies said Tableau will operate as an independent subsidiary and stay headquartered in Seattle.
Salesforce share price dropped after announcing its acquisition of data analytics firm Tableau.
Tableau's software is used to create interactive, visual dashboards and graphics used by businesses, universities and governments to analyze data ranging from corporate finances to baseball statistics.
Where does the IBM/Red Hat deal fit in the context of global and U.S. software M&A - according to Mergermarket data. "I look forward to working together in support of our customers and communities".
Salesforce already has around 1,000 employees in Bellevue, Washington, and it will grow once Tableau joins the company officially.
FILE PHOTO: The company logo for Salesforce.com is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019.
Pund-IT principal, Charles King, also saw momentum for analytics and visualisation shifting into overdrive. he noted the pricetag paid by Salesforce for Tableau was more than 10x revenues in the last four quarters.
While Wall Street reacted unkindly, sending Salesforce stock down more than $8 dollars per share from its Friday close of $161.22, partners are optimistic Tableau will deliver them a competitive advantage in an enterprise market clamoring for the ability to draw quick insights from increasingly large data sources.
US opens World Cup against Thailand
It always felt like the Netherlands would squeak out a win, especially with 16 shots on the day, and they did just that. It's been a trend at the tournament so far, with much stronger teams failing to convincingly put opponents away.
Max Muncy Had The Perfect Response To Madison Bumgarner
He has done it before, so much so that it's a part of his reputation, and Bumgarner doesn't seem to mind one bit. I would say something like "fair enough", but there's a gap there. "I just as soon fight than walk or whatever".
Ortiz back in Boston for gunshot wound care
The 10-time All-Star underwent another surgery on Monday and is now recovering in the ICU, where he'll remain for several days. Tiffany Ortiz stated Big Papi is " resting comfortably " after having a second surgery upon arriving in Boston on Monday.
David Ortiz undergoes more surgery in Boston after shooting
Abel Gonzalez, who performed the surgery in the Dominican Republic, had said Ortiz was in stable enough condition to travel. He was stabilized and then flown to Boston and taken by ambulance, with police escort, to Massachusetts General Hospital.
Norway opens World Cup with 3-0 win over Nigeria
Guro Reiten opened the scoring for the Norwegians in the 17th minute before Lisa-Marie Utland made it 2-0 in the 34th minute. Giulia Gwinn got the only goal of the game six minutes after the hour mark to seal three points for the Germans.
Trump claims victory on Mexican migration
Still, he said Mexico's interests are aligned with those of the US and that it's "doing real things" and policing its borders . It's not Mexico's , but it will go into effect when Mexico tells me it's okay to release it, ' he said of the piece of paper.