Filing: Salesforce paid $419M to buy Spiff in Feb
salesforce(CRM) TechCrunch·2024-05-30 11:32
Salespeople live and die by commissions, which typically form a big chunk of how they are paid, so it’s no surprise that Salesforce paid a premium to buy a platform to manage this for customers more easily. Several months ago, it acquired Spiff, to help companies build out and manage incentive-based compensation schemes. Salesforce’s 10-Q filing with the SEC early Thursday finally reveals the price it paid: $419 million all-in.That price, described as acquisition date fair value, includes $374 million in ca ...