Deals
Salesforce to Acquire ClickSoftware for $1.35 Billion
- Software maker will add tools for remotely managing employees
- CEOs Benioff, Block seeking growth outside main business
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Salesforce.com Inc. said it will acquire ClickSoftware Technologies Ltd. for about $1.35 billion in cash and stock, adding digital tools that help companies manage employees working in the field.
Salesforce, the biggest seller of customer-relationship software, was reported in January to be in talks to buy privately held ClickSoftware. The deal is expected to close in the quarter ending Oct. 31, San Francisco-based Salesforce said Wednesday in a regulatory filing.