{"id":7874,"date":"2024-09-06T10:14:22","date_gmt":"2024-09-06T03:14:22","guid":{"rendered":"http:\/\/sphinxjsc.demoweb.vip\/?p=7874"},"modified":"2024-09-19T13:50:48","modified_gmt":"2024-09-19T06:50:48","slug":"salesforce-acquires-the-data-protection-providers-own-company","status":"publish","type":"post","link":"https:\/\/sphinxjsc.com\/ko\/tech-news\/salesforce-acquires-the-data-protection-providers-own-company","title":{"rendered":"Salesforce acquires the data protection provider’s own company"},"content":{"rendered":"

On Thursday, Salesforce revealed its plan to purchase Own Company, a provider of data protection and management solutions, for $1.9 billion in cash. This acquisition aims to boost Salesforce’s business growth, especially in the areas of data privacy and security products.<\/span><\/p>\n

This acquisition occurs as customers are becoming more concerned with preventing data loss from system failures, human mistakes, and cyber-attacks.\u00a0<\/span><\/p>\n

Salesforce anticipates that the deal, expected to close in the fourth quarter of fiscal 2025, will lead to an increase in free cash flow beginning in the second year post-acquisition.<\/span><\/p>\n

Salesforce announced that there are no revisions to its fiscal year 2025 forecast and that the acquisition will not affect its capital return program.\u00a0<\/span><\/p>\n

\"Salesforce\"<\/p>\n

Salesforce. Photo: Interner<\/em><\/p>\n

Own has secured over $500 million in total funding from investors such as BlackRock, Salesforce Ventures, and Tiger Global, and has formed partnerships with ServiceNow and Microsoft Dynamics 365, as reported on its website.\u00a0<\/span><\/p>\n

Additionally, Salesforce confirmed on Tuesday that it has entered into an agreement to acquire Tenyx, a company specializing in AI-powered voice agents, to strengthen its AI-driven solutions. The financial terms of the deal were not disclosed.<\/span><\/p>\n

Last year, due to pressure from activist investors, Salesforce revealed plans to double its share buybacks and move away from acquiring additional companies after disbanding its mergers and acquisitions committee.\u00a0<\/span><\/p>\n

However, the California-based company is now contemplating acquisitions to boost revenue growth.<\/span><\/p>","protected":false},"excerpt":{"rendered":"

On Thursday, Salesforce revealed its plan to purchase Own Company, a provider of data protection and management solutions, for $1.9 billion in cash. This acquisition aims to boost Salesforce’s business growth, especially in the areas of data privacy and security products. 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