Salesforce To Buy Social Media Company Radian6 For $326 Million Salesforce.com (CRM) said it is buying social media monitoring firm Radian6 for about $326 million in stock and cash, continuing its aggressive push to keep up with social media trends through its cloud computing platform. Salesforce.com shares were up 0.7% to $128.28 in light premarket trading Wednesday. The stock has risen 69% over the past 12 months. Salesforce.com has been spending heavily to sustain its rapid sales growth and make its cloud computing network for businesses into a social environment. To that end, the company said Radian6′s social-media monitoring platform
online communities
Salesforce To Buy Social Media Company Radian6 For $326 Million
by cloudtweaks on March 30, 2011
in Business, Cloud Computing, Computing, Force.com, Host, Invest, News, Press Release, SaaS, Social networks, Stocks, Technology
