Salesforce.com on Wednesday announced that it has signed a definitive agreement to acquire Heroku, a cloud application platform. It will pay about $212 million in cash, net of cash acquired. The transaction is expected to be completed by the end of January 2011 if everything goes well. Salesforce.com made the announcement at Dreamforce 2010, being held in San Francisco through Thursday. Salesforce also announced Force.com 2 on Wednesday. Heroku is a cloud application platform offered as a service.
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Salesforce.com Adds PaaS Rubies to Its Vault With Heroku Buy
Posted by: Richard Adhikari December 8, 2010 10:43 AMSalesforce.com on Wednesday announced that it has signed a definitive agreement to acquire Heroku, a cloud application platform. It will pay about $212 million in cash, net of cash acquired. The transaction is expected to be completed by the end of January 2011 if everything goes well. Salesforce.com made the announcement at Dreamforce 2010, being held in San Francisco through Thursday. Salesforce also announced Force.com 2 on Wednesday. Heroku is a cloud application platform offered as a service.