Salesforce reveals it spent 75 million on the three startups it bought last quarter
Salesforce spent roughly 75 million on the three startups it acquired last quarter, according to a regulatory filing submitted Friday. Salesforce spent 32.8 million on MetaMind, the natural language processing and image recognition startup it bought in April. It spent an additional 41.6 million on two other companies it didn't name, but they are likely PredictionIO and Implisit Insights. This is the first time Salesforce publicly disclosed the financial details of these deals. One interesting nugget from the MetaMind acquisition is that Salesforce recorded 31.2 million in goodwill, which represents the amount paid for the company beyond what's valued on the balance sheet.
May-20-2016, 23:25:17 GMT