Salesforce.com Acquires Koral
Posted on April 9, 2007
Filed Under Companies, SaaS |
Salesforce.com acquired Koral last month and is launching a new business around content management. This acquisition makes a lot of sense and it is a good fit because not only does it plug-and-play already as an Appexchange offering, but given their market focus it’s a no-brainer in terms of build-out. I am curious to see what people think about the attractiveness of Apex with a robust content management system as part of the offering.
No word on the valuation of the deal.
Tags: salesforce.com, Koral, CMS, SaaS, M&A
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My name is Jeff Nolan and I write Venture Chronicles. I am the VP of Product Marketing for Get Satisfaction and I write about a range of topics that interest me, including public policy, technology, entrepreneurship, finance, and global issues.
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