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WHTop → 📋 News → Demandware Acquired by Salesforce for Ecommerce Expertise
Jun, 2016 : Demandware Acquired by Salesforce for Ecommerce Expertise
📅 - Salesforce has decided to join the digital commerce market and has acquired Demandware. The announcement happened on Wednesday and Salesforce agreed to a price of $75 per share or $2.8 billion. The deal is expected to be completed by the end of July.
Demandware is headquartered in Burlington, Massachusetts and the shared are traded on the NYSE. They were priced at just below $48 per share at the close of Tuesday. Salesforce is estimating the company will bring an extra $100 to $120 million in the second half of 2017.
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