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Salesforce Acquires Tableau Software in $15.7 Billion Deal

Joining forces with Salesforce will enhance our ability to help people everywhere see and understand data

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Salesforce, Tableau Software, Billion
ableau helps people see and understand data, and Salesforce helps people engage and understand customers. Pixabay

US-based Cloud computing firm Salesforce on Monday announced acquisition of leading analytics platform Tableau Software for $15.7 billion in an all-stock deal.

The coming together of world’s top CRM (customer relationship management) platform with leading analytics firm would accelerate Salesforce’s opportunity in the $1.8 trillion digital transformation space, the company said in a statement.

“We are bringing together the world’s No. 1 CRM with the No. 1 analytics platform. Tableau helps people see and understand data, and Salesforce helps people engage and understand customers,” said Marc Benioff, Chairman and co-CEO, Salesforce.

“Joining forces with it will enhance our ability to help people everywhere see and understand data,” added Adam Selipsky, President and CEO of Tableau.

Salesforce, Tableau Software, Billion
US-based Cloud computing firm Salesforce on Monday announced acquisition of leading analytics platform Tableau Software. Pixabay

More than 86,000 organizations around the world, such as Charles Schwab, Verizon, Schneider Electric, Southwest and Netflix, rely on Tableau to help them see and understand data.

With Tableau, Salesforce aims to play a greater role in driving digital transformation, enabling companies to tap into data across their entire business and surface deeper insights to make smarter decisions, drive intelligent, connected customer experiences and accelerate innovation.

The acquisition of Tableau is expected to be completed during Salesforce’s fiscal third quarter ending October 31, 2019. (IANS)

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Salesforce CEO Calls Facebook as ‘New Cigarettes’ for Kids

Zuckerberg, however, has promised his employees to "fight and win" if Democratic presidential hopeful Warren wins the 2020 election and moves forward with her stated plan to break up the big US tech firms

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facebook, instant games
FILE - Attendees walk past a Facebook logo during Facebook Inc's F8 developers conference in San Jose, California, United States. VOA

Pitching for breaking up Facebook, US-based software giant Salesforce CEO Marc Benioff has called the social networking platform “new cigarettes” which are making kids addictive.

Responding to Facebook CEO Mark Zuckerberg’s announcement that he will make a speech about his views on free expression, Benioff said the company must be held accountable now.

“Facebook is a publisher. They need to be held accountable for propaganda on their platform. We must have standards & practices decided by law. FB is the new cigarette – it’s addictive, bad for us, & our kids are being drawn in. We need to abolish section 230 Indemnifying them,” he tweeted on Wednesday.

Section 230 of the US Communications Decency Act of 1996 gives automatic liability protection to social media firm for any content posted by their users.

In an interview with CNN later, the Salesforce chief pushed for the breakup of Facebook.

“They’re also acquiring other companies and co-mingling (data)… they probably should be broken up because they’re having an undue influence as the largest social media platform on the planet,” he was quoted as saying.

Fake, News, WhatsApp, Facebook, India
The Facebook mobile app on an Android smartphone. Wikimedia Commons

Zuckerberg was scheduled to make a speech on free expression on Thursday.

“Why I believe voice is important, how giving people voice and bringing people together go hand in hand, how we might address the challenges that more voice and the internet introduce, and the major threats to free expression around the world,” Zuckerberg posted.

Several US lawmakers like Senators Kamala Harris and Elizabeth Warren have been pitching to break up Facebook.

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Warren in fact successfully run a fake ad on the social media platform that claimed “Mark Zuckerberg and Facebook just endorsed Donald Trump for re-election”.

Zuckerberg, however, has promised his employees to “fight and win” if Democratic presidential hopeful Warren wins the 2020 election and moves forward with her stated plan to break up the big US tech firms. (IANS)