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Salesforce Buys Own for $1.9B To Boost Data Security Portfolio
CRMsalesforce(CRM) Investopedia·2024-09-06 15:36

Key TakeawaysSalesforce is expanding its reach into data security by purchasing startup Own for $1.9 billion in cash.The cloud software company said that with the advent of artificial intelligence, customers are increasingly aware of data security needs.The deal is expected to close during Salesforce's fiscal fourth quarter of 2025. Salesforce (CRM) is expanding its reach into data security by purchasing startup Own for $1.9 billion in cash. Salesforce President Steve Fisher said the acquisition would add t ...