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Salesforce Signs Definitive Agreement to Acquire Own Company for $1.9 Billion

Sep 05, 2024almost 2 years ago

Contract Type

acquisition

San FranciscoInformation TechnologySoftwareConstructioninformation technology & services

Description

Salesforce has signed a definitive agreement to acquire Own Company for approximately $1.9 billion in cash, enhancing its ability to offer robust data protection and management solutions to customers. Own's expertise and products will help Salesforce to deliver even greater value by driving innovation, securing data, and ensuring compliance in highly regulated industries.

Company Information

Company

Salesforce

Location

415 Mission Street

San Francisco, California, United States

About

Salesforce CRM is a global leader in customer relationship management software. The company provides cloud-based solutions that optimize customer interactions and enhance business performance. Salesforce is known for its innovative approaches, including artificial intelligence integrations to improve customer engagement.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.