By Chris Selland on January 12, 2010
Looks like there’s a good chance my predictions that Salesforce.com ($CRM) will get more aggressive on the M&A front in 2010 are coming true. Fellow Enterprise Irregular Larry Dignan has more details on the $500 million convertible bond issue.
Of course, $500M likely does not a ‘game changer’ acquisition buy, but it can certainly help fund some small-to-midsized acquisitions to open some new markets and help the company take the next hill.
I’d expect the company to primarily focus on smaller, rapidly-growing private companies, but there are a number of potential public targets as well including $VOCS, $EPAY and $SLRY.
Stay tuned.
Posted in Business | Tagged crm, EPAY, Mergers & Acquisitions, salesforce.com, SLRY, Venture Capital, VOCS |
CMO at
Terametric, a provider of social media measurement and optimization solutions,
Expert Advisor at Focus Research, and a regular contributor to the
StockTwits community. He has held senior Go-To-Market roles with a number of early & growth-stage companies including SoundBite Communications, Constant Contact and most recently Lumigent Technologies which was acquired by BeyondTrust. Earlier in his career Chris was VP of CRM and Internet Research at the Yankee Group, and later founded Reservoir Partners, a customer strategy research firm that merged with Aberdeen Group, where he became VP of Sell-Side Research.
Looks like there’s a good chance my predictions that Salesforce.com ($CRM) will get more aggressive on the M&A front in 2010 are coming true. Fellow Enterprise Irregular Larry Dignan has more details on the $500 million convertible bond issue.
