Salesforce to acquire Tableau

Salesforce.com Inc. decided to buy big data firm Tableau Software Inc. for $15.3 Billion, marking the biggest acquisition in the company’s history as it looks to offer more data insights to it's clients.

Seattle-based Tableau has more than 86,000 customers, including tech heavyweights such as Verizon Communications Inc. and Netflix Inc. As part of the all-stock deal, Tableau shareholders will get 1.103 Salesforce shares, valuing the offer at $177.88 per share, representing a premium of 42% to Tableau's Friday closing price.

Salesforce deal comes days after Alphabet Inc. Google bought big-data analytics company Looker for $2.6 billion and surpasses the $5.9 billion that the cloud-based software company paid to buy U.S. software maker MuleSoft in 2018.

Big data analytics is a complex process used to uncover hidden patterns, unknown correlations; market trends and customer preferences that often help companies make better business decisions. The San Francisco-based company said the deal is likely to add up to $400 million in its 2020 revenue, but would decrease adjusted profit by about 37 cents to 39 cents per share.

Salesforce buys Mulesoft

Salesforce has signed an agreement to buy data integration vendor MuleSoft for $6.5 Billion as the backbone for a new integration cloud. With more than 1200 client companies in 60 countries, San Francisco based MuleSoft offers a platform for building application networks that connect apps, data and devices.

The acquisition will allow it to unlock data across legacy systems, cloud apps and devices to make smarter, faster decisions and create highly differentiated, connected customer experiences. The new Integration Cloud will offer an Integration-Platform-as-a-Service that is intended to let enterprises access any data anywhere.

The acquisition comes a year after MuleSoft went public and spent the year increasing sales while trying to manage its growing losses. In the company’s fourth quarter, it brought in $88.7 million in sales, which was a 60% bump from the previous year during the same time period. Mulesoft had an operating loss of $25.5 million in its fourth quarter, a nearly 100% jump from the $12.8 million operating loss it recorded in the same quarter of the previous year.

MuleSoft provides one of the world's leading platforms for building application networks that connect enterprise apps, data and devices, across any cloud and on-premise. More than 1,200 customers, including Coca-Cola, Barclays, Unilever and Mount Sinai, rely on MuleSoft to change and innovate faster, deliver differentiated customer experiences, and increase operational efficiency.