Salesforce To Acquire Tableau Software In $15.3 Billion Deal. Salesforce.com said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company’s history.
Tableau shareholders will get 1.103 Salesforce shares, valuing the offer at $177.88 per share, which represents a premium of 42 percent to Tableau’s Friday closing price.
Shares of Tableau jumped 35 percent to $169.50, while those of Salesforce slipped 3 percent to $156.43 in premarket trading.
Salesforce said the deal, which is expected to close in the third quarter, is likely to increase its 2020 revenue by up to $400 million.
Bank of America Merrill Lynch was the financial adviser to Salesforce and Goldman Sachs advised Tableau.
Source: Nypost
