After allegations circulated that Salesforce paid $1 million to a team of developers in a rigged competition, the software company declares a second million-dollar winner.
In its largest acquisition to date, the cloud software company will buy all outstanding shares in ExactTarget for $2.5 billion, paying a stock premium of more than 50 percent.
The Web content clipping and sharing service will shut down on June 30, 2013.
The two companies have signed a deal that gives Salesforce.com access to more than 40,000 patents.
Yammer and Salesforce, beware. Chief Executive Jeff Weiner said the professional network is cooking up private, collaborative tools for a corporate clientele.
The CRM and cloud computing giant delivered quarterly revenue of $788 million -- up 35 percent from this time last year.
Salesforce.com's service is a good solution for coordinating any business's sales efforts. The hosted model also keeps the cost low.
Pricing not available
Chatter is pretty much cast from the molds of Facebook and Twitter, but Salesforce is also enhancing it to meet the changing collaboration and communications needs of businesses.
Buddy Media's CEO Michael Lazerow chooses his company's acquisition by Salesforce.com to create a moving video of the strangeness of human hope and the pernicious nature of fear.
The deal gives Salesforce technology to help it keep tabs on social media across properties such as Facebook, LinkedIn, Twitter, and YouTube.