Lunes, Agosto 1, 2016

Salesforce snaps up former Facebook tech chief's startup for $582M

Salesforce is buying Quip, a workplace productivity startup whose founder is a former Facebook CTO and current Twitter board member Bret Taylor, for about $582 million.

An SEC filing said terms of the deal include a swap of Quip's privately-held stock with Salesforce's (NASDAQ: CRM) in an exchange estimated at $582 million. No cash terms were disclosed in the filing, but TechCrunch quoted sources who said that the deal included a total of $750 million in cash and stock.

"Salesforce and Quip share…


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