The Lighter Side Of The Cloud – Thunderstorm
The Lighter Side Of The Cloud – Wearable Infection
The Lighter Side Of The Cloud – Google vs Microsoft
The Lighter Side Of The Cloud – Brain Clutter
The Lighter Side Of The Cloud – Yahoo!!

Salesforce To Buy Social Media Company Radian6 For $326 Million

Salesforce To Buy Social Media Company Radian6 For $326 Million

Salesforce.com (CRM) said it is buying social media monitoring firm Radian6 for about $326 million in stock and cash, continuing its aggressive push to keep up with social media trends through its cloud computing platform. Salesforce.com shares were up 0.7% to $128.28 in light premarket trading Wednesday. The stock has risen 69% over the past 12 months.

Salesforce.com has been spending heavily to sustain its rapid sales growth and make its cloud computing network for businesses into a social environment. To that end, the company said Radian6’s social-media monitoring platform will help clients track and analyze their outreach efforts while keeping track of what is being said about their brand.

Under the agreement, Salesforce.com will pay about $276 million in cash and $ 50 million in stock for the company, net of cash acquired. The deal will also offer Radian6’s founders an additional $10 million in stock and $4 million in cash subject to vesting conditions over the next two years.

Radian6’s technology captures hundreds of millions of conversations each day from Facebook, Twitter, YouTube, LinkedIn, blogs and other online communities. Its clients include Dell Inc. (DELL), General Electric Co. (GE), Molson Coors Brewing Co. (TAP, TAPA) and Pepsico Inc. (PEP).

The cloud computing company expects to close the deal in its fiscal second quarter, which ends July 31. The deal is expected to increase revenue in that period by about $5 million, while hurting adjusted earnings by about 8 cents a share.

Source: Nasdaq.com

Follow Us!

CloudTweaks

Established in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the excellent CloudTweaks articles are provided by our own paid writers, with a small percentage provided by guest authors from around the globe, including CEOs, CIOs, Technology bloggers and Cloud enthusiasts. Our goal is to continue to build a growing community offering the best in-depth articles, interviews, event listings, whitepapers, infographics and much more...
Follow Us!

Sorry, comments are closed for this post.

Recent

9 Pitfalls of Providing Cloud-Based Online Government Services

9 Pitfalls of Providing Cloud-Based Online Government Services

Cloud-Based Online Government Services Pitfalls When the US government designed the Affordable Care Act, a key part of the program was to encourage enrollment through the Healthcare.gov website. This online service was supposed to make it easier for citizens to learn about the ACA, compare their health insurance options, and take full advantage of this…

IOT, Intelligent Sensors, And The Change That Is Coming…

IOT, Intelligent Sensors, And The Change That Is Coming…

Intelligent Sensors And The Future What is or isn’t connected: In the end, that is the internet of things. They, the things, represent stuff that has been around for the past 30 years. It was only recently that we have developed a way to consistently connect those devices. Despite the increasing awareness of IoT, it…

Cloud Vendor Benchmark 2015: Price-Performance Comparison

Cloud Vendor Benchmark 2015: Price-Performance Comparison

Cloud Vendor Benchmark 2015: 15 Top IaaS Providers Cloud Spectator has released their Cloud Vendor Benchmark 2015 Part 2: Price-Performance Comparison Among 15 Top IaaS Providers today, cited as the industry’s most comprehensive study. Exposing the influence that performance can have on the overall value of the IaaS environment, this report is aimed at helping…

Popular Archives

The Cloud In 2015: Eight Trends To Look For

The Cloud In 2015: Eight Trends To Look For

The Cloud In 2015 For organizations of all sizes, in 2014 the cloud emerged as a critical part of the default consideration set when implementing any new application – in large part due to the cloud’s proven ability to handle data storage and processing demands in an elastic manner, improved verifiable standards around data security and…

12 Promising Business Intelligence (BI) Services For Your Company

12 Promising Business Intelligence (BI) Services For Your Company

12 Promising Business Intelligence (BI) Services Business Intelligence (BI) services have recently seen an explosion of innovation and choices for business owners and entrepreneurs. So many choices, in fact, that many companies aren’t sure which business intelligence company to use. To help offer you a solution, we’ve compiled a list of 12 Business Intelligence companies…

Sponsors

The Many Hats Of Today’s IT Managers

The Many Hats Of Today’s IT Managers

The Many Hats of IT Managers In years past, the IT department of most large organizations was much like a version of Middle Earth: a mysterious nether world where people who seemed infinitely smarter than the rest of us bustled around, speaking and typing languages that appeared indecipherable, yet, which made our world work. They…

Selling Your Business To Your Employees

Selling Your Business To Your Employees

Mobility For Your Employees It may seem a radical notion, the idea of selling your business to the people who work for you, but this is the era in which we now work. Employees of all levels are all incredibly aware of their options when it comes to mobility and employability. This doesn’t mean that…

Established in 2009

CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

CloudTweaks Comic Library

Advertising