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Salesforce signed a deal to acquire MuleSoft for $6.5 Billion

Salesforce signed a deal to acquire MuleSoft for $6.5 Billion

Salesforce Inc. has signed to buy MuleSoft Inc. for $6.5 billion, it is the largest acquisition by Salesforce.

Salesforce is trying to compete with larger rivals including Oracle and Microsoft by expanding its corporate software offerings. On Tuesday (21/03/2018) deal, scheduled to close by July 31, Salesforce will get access to MuleSoft’s 1,200 customers and the chance to sell complementary products.

Ross Mason and Dave Rosenberg had founded MuleSource in 2006. It’s a software company, headquartered in San Francisco, California that provides integration software for connecting applications, data and devices. The company’s Any Point Platform of integration products is designed to tie together software-as-a-service (SaaS) and on-premises software.

“The success and integration of MuleSoft into Salesforce will be a strategic priority for us as we head toward $20 billion in sales,” Salesforce Chief Executive Officer Marc Benioff wrote in an email to MuleSoft employees.

Enabling Consumers an Easy Access to their Data

Salesforce CEO Marc Benioff said that together they will enable their customers to connect all the information throughout their enterprise across all public and private clouds and data sources — radically enhancing innovation. He is thrilled to welcome MuleSoft to the Salesforce family.

MuleSoft CEO Greg Schott said that they will accelerate their customers’ digital transformations enabling them to unlock their data across any application.