Salesforce going shopping?
- Posted by Chris Selland
- on January 12th, 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 – suggestions have included $VOCS, $EPAY and $SLRY.
Stay tuned.
Update – here’s a list of more potential takeover candidates from Larry including some private candidates as well as $RNOW & $SFSF. I should note that I also mentioned the possibility of $CRM acquiring $SFSF in my 2010 predictions list a few months back.
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