Salesforce Agrees to Buy MuleSoft for $6.5 Billion
MuleSoft will be used to power Salesforce’s new Integration Cloud.
In merger and acquisition news, last week Salesforce (NYSE: CRM), a cloud-based CRM provider, agreed to acquire MuleSoft (NYSE: MULE) for $6.5 billion. MuleSoft provides platforms for building application networks that connect enterprise apps, data and devices, both in the cloud and on site. The company has more than 1,200 customers including Coca-Cola, Audi, AT&T, Unilever, Netflix, Intuit, Amtrak and Anheuser Busch. MuleSoft will be used to power Salesforce’s new Integration Cloud to offer and improve personalized, customer experiences.
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