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Wireless

Twitter "not the right fit" for Salesforce - CEO

Monday 17 October 2016 | 10:53 CET | News
Salesforce is no longer considering a bid for Twitter, reports the Financial Times, citing Salesforce CEO Marc Benioff. "We've walked away. It wasn't the right fit for us," said the chief executive of the US cloud software company, after shareholders had reportedly expressed doubts about the strategic merits and valuation of the potential deal. Other potential acquirers such as Google and Disney previously backed away from making offers for the social networking platform, leaving Salesforce as the only serious contender. When asked precisely why Salesforce decided not to bid, Benioff told the

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Categories: Mobile & Wireless
Companies: Salesforce / Twitter
Countries: World
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