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Tuesday, October 4, 2016

Salesforce Agrees to Buy Marketing-Data Startup Krux

#Salesforce.com Inc. agreed to acquire San Francisco startup #Krux, in a bid by the cloud-software giant to bolster its marketing-data and analytics segment. Salesforce is paying about $700 million, split equally in cash and stock, for closely held Krux, according to people familiar with the acquisition. Krux is a six-year-old firm that provides companies with information enabling them to hone their marketing and advertising. The company, which already has a partnership with Salesforce, mines data across the internet and analyzes it to better understand and target customers.

http://www.wsj.com/articles/salesforce-agrees-to-buy-marketing-data-startup-krux-1475525280?mkt_tok=eyJpIjoiT1daaFpEVmhaV0V5WldaaCIsInQiOiJQMXl3OGZ6N1NTb3RBQnRhYWJydFhrQTFxYWlXWDJ4OUY4Zk55Snh3TjZwM2h0ajl5WHV0YmlOYUwyeWJuOUR2UEtrUWNTbXZVSVZcLzdvWGdtNjlMdlJaXC9vZnFCVXA1WGVlQVlcL0krSG9lOD0ifQ%3D%3D

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