Top Salesforce Acquisitions of All-Time – Where Are They Now? [Updated 2021]

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We originally published this post at the end of February 2018, and it became outdated within a month. What does this tell us? That Salesforce is growing at an incredibly fast rate – recognising a gap in their native portfolio, and filling it lightning fast.
Anyone in the Salesforce Ecosystem would pinpoint 2016 as the year for acquisition mania. In one year alone, Salesforce snapped up 12 companies, largely to build out the platform’s AI capabilities, known as the ‘Einstein’ brand. However, many aren’t aware that Salesforce has been consistently making a number of acquisitions for years, across a diverse range.

This post covers the top acquisitions by price throughout Salesforce’s history, according to Crunchbase. Now, it’s time to reflect on why these former companies justified their purchase price, and to what extent they have been assimilated into the Salesforce product.

1. Slack

Acquisition Date: Dec 1st, 2020

Purchase Price: $27.7B

One-line Pitch: “Make work life simpler, more pleasant and more productive. Slack is the collaboration hub that brings the right people, information and tools together to get work done.”

Why Salesforce bought them: Slack could be the silver bullet Salesforce has been looking to bolster their vision for the social enterprise. Acquisitions over the years have been iterations in Salesforce’s collaboration capabilities, but none that have truly clinched the deal for Salesforce. The acquisition could have been the result of the new virtual sales/service demands organizations need to meet in light of the COVID-19 pandemic; Salesforce were fast to cater to the work-from-anywhere needs their customers suddenly had in 2020. There was also a competitive play involved, as Salesforce competitors have already embarked on the same ventures.

Read the details on our news announcement here.

Where are they now? Too early to say, but the announcement was made in time to celebrate at the annual Dreamforce keynote.

2. Tableau

Acquisition Date: Jun 10th, 2019 

Purchase Price: $15.7B

One-line Pitch: “[Tableau] make breakthrough products that change the way people use data.”

Why Salesforce bought them: Salesforce’s ethos is to be the #1 in every category their ever-expanding platform covers. It’s no surprise then, that the #1 analytics platform was on their wish list. The announcement did raise eyebrows, however, as Einstein Analytics is regarded as a competitor of Tableau currently. 

In their press release, Salesforce explicitly stated “Tableau and Einstein together” – whether this will complement, or overshadow the current platform, we will have to see. Each has strengths where the other lacks, which makes for interesting speculation with Salesforce’s next move. 

Where are they now? Could Tableau be the new driving force towards Salesforce’s Customer 360 vision? Tableau featured in the Opening Keynote at Dreamforce ‘19 and received plenty of stage-time throughout the rest of the 4-day event, with numerous sessions, keynote mentions, and booth space.

3. Mulesoft

Acquisition Date: Mar 20th, 2018

Purchase Price: $6.5B

One-line Pitch: “Mulesoft provide a software platform that enables organizations to easily build application networks using APIs…the digital glue that allows applications to talk to each other and exchange data.”

Why Salesforce bought them:

We hadn’t seen anything like this before in the Salesforce Ecosystem. The Mulesoft acquisition blew all previous acquisitions out of the water in two respects; not only was the purchase price more than double that of the previous front-runner (Demandbase), it marked the new direction Salesforce are heading for.  

Salesforce want to eliminate all possible blockages that can stand between enterprise-level organisations and becoming Salesforce customers.

These organisations were not born in the cloud, and still have a heavy legacy IT infrastructure; what I mean by this is older, on-premise software are still in the mix that need to be connected to Salesforce or other SaaS products. In some cases, sticking to legacy and integrating is less risky and less costly than migrating. This is where Mulesoft comes in.

Mulesoft have an ‘API-led approach to connectivity’, and started off by offering middleware to connect back-office systems. They later expanded to iPaaS (Integration Platform As a Service).

Where are they now?

It was announced that Mulesoft will transform into ‘Integration Cloud’, where customer will be able to “easily map and manage systems for a complete view of data, devices, and apps”.

According to Salesforce: “additional Salesforce Integration Cloud products will be announced later this year and pricing for each feature of Integration Cloud will be announced as it is made generally available”. It will be interesting to see if Integration Cloud will remain focused on enterprise-level, or have a price point for the SMB market. We will have to hold tight.

In the meantime, check out the Trailhead DX Keynote

4. Demandware

Acquisition Date: Jun 1, 2016

Purchase Price: $2.8B

One-line Pitch: “Demandware provides enterprise cloud commerce solutions that empower the world’s leading retailers to continuously innovate.”

Why Salesforce bought them:

Salesforce had mastered the B2B cloud software market, and yet, always had the taste for the B2C market, naturally. Mix in their growing desire to infiltrate front-end operations, and you can see why E-commerce quenched their thirst – the missing piece of the puzzle for B2C customer engagement.

Traditionally, retailers were never fixated over CRM, but Salesforce spotted the future need for 1-to-1 shopping experiences. Demandware had capitalised on a data-driven world with high consumer expectations; however, the price was likely justified by the well-engineered product and Demandware’s existing enterprise customer base.  

Where are they now?

Demandware became Commerce Cloud very quickly, grabbing the attention of next-generation retailers who want an end to disparate data sources. Commerce Cloud offers ‘omnichannel commerce’, that is, a seamless retail experience across the growing number of digital and physical engagement channels, including web, social, mobile, store, and others. Commerce Cloud caters to e-commerce holistically, with a ‘single source of truth’ too all processes across marketing, shopping, order fulfillment and customer service – all with predictive intelligence.

5. ExactTarget

Acquisition Date: Jun 4, 2013

Purchase Price: $2.5B

One-line Pitch: “ExactTarget provides on-demand one-to-one email marketing software applications.”

Why Salesforce bought them:

After conquering the sales and service (post-sales) departments, Salesforce looked to expand in the pre-sales direction. The next logical step was Marketing.

ExactTarget were a 2000-strong organisation, running 13 years pre-acquisition. The product was the comprehensive, robust foundation Salesforce was seeking as the backbone for their enterprise Marketing suite. In addition, ExactTarget had acquired Pardot 6 months previously – now able to position themselves to both B2B and B2C prospects. It’s funny to read TechCrunch’s observations following the ExactTarget-Pardot announcement: “it puts ExactTarget into a better position against the likes of Salesforce.” (TechCrunch). 

Where are they now?

Clearly, Marketing Cloud was boosted with the addition of ExactTarget’s core Marketing Automation capabilities, specifically around email marketing. Marketing Cloud, now split into 7 products, is a beast – in terms of its all-encompassing, multichannel functionality. Marketers can cover email, SMS, social, digital advertising and more with the product suite. The user experience is highly engaging and has that ‘wow’ factor, particularly with Journey Builder and Einstein Smart Splits.  

And Pardot? Pardot is growing from strength to strength every quarter. Originally targeted at the SMB market, the investment in product development has paid off; now Pardot has attracted an impressive enterprise-level client base, with the likes of Amazon and Stanley Black & Decker in its portfolio. In 2014, they acquired 1,128 new customers in a single month (3x their previous acquisition rate), making it the fastest-growing marketing automation system on the market.

Salesforce shut down all of Pardot’s other CRM connectors mid-2017, tactfully Salesforce CRM is the sole option.

6. ClickSoftware

Acquisition Date: Aug 7th, 2019 

Purchase Price: $1.35B

One-line Pitch: “ClickSoftware improves the efficiency and effectiveness of field service organizations and mobile workforces. Real-time operational intelligence delivers real business value.”

Why Salesforce bought them: ClickSoftware have been around for many years (1997) as pioneers in the field service space. The ClickSoftware team were heavily involved in developing the Salesforce Field Service Lightning (FSL) product, which meant the acquisition was only a matter of time – not an ‘if’ but ‘when’.  

Where are they now? Salesforce FSL has been coming on in leaps and bounds recently (a product that has been in the market since 2016) – a couple of our writers have projected a huge influx in FSL projects coming in 2020. 

The Field Service Lightning Keynote at Dreamforce ‘19 hinted that since the acquisition, ‘major investments’ have been made in advanced scheduling and location technology (the latter thanks to Salesforce Maps, formerly the MapAnything application). 

7. Krux

Acquisition Date: Oct 3, 2016

Purchase Price: $800M

One-line Pitch: Krux helps marketers, publishers and agencies drive revenue by delivering smarter content, commerce and marketing experiences.

Why Salesforce bought them:

Programmatic digital advertising was becoming a hot topic in the Spring of 2016, when Forrester predicted that the market will see ‘robust’ growth – an increase of 43% YOY* from 2015-2021 (Forrester). Come October, Salesforce swept up Krux to fill this missing space on the platform. DMPs (Data Management Platforms) are all about using customer data & external sources of interaction data, in order to optimise display adverts – here’s more on what DMPs do.  

Where are they now?

Krux was rapidly rebranded as Salesforce DMP, and incorporated into the Marketing Cloud.

Under their new name, they were crowned the DMP market leader in June 2017, according to Forrester Research, who praised its unique technology:

“[it] approaches data management differently from other DMPs: Rather than algorithmically deriving insights from aggregated data, Salesforce DMP ingests raw data and applies machine learning to allow insights to bubble up, eliminating the inherent biases that algorithms entail”

Salesforce DMP handles vast volumes of data. These figures from June 2017 state that Salesforce DMP interacts with 3 bil+ browsers and devices, processes 200 bil+ data collection events, 5 bil+ CRM records and orchestrates 200 bil+ personalised consumer experiences – yes, that’s every month! I doubt anyone can argue that processing power.

8. Quip

Acquisition Date: Aug 1, 2016

Purchase Price: $750M

One-line Pitch: “Quip is a living document platform that combines docs, spreadsheets, and communication to help teams get work done faster and smarter.”

Why Salesforce bought them:

Standalone document processing applications are entirely outdated, but yet, user friendly – a reality that must be acknowledged. Salesforce have always been trying to bridge that gap, by giving users the ability to store documents on Salesforce, not only making documents shareable, but contextual to whichever CRM record they’re related to. However, as we know, this often creates more friction and confusion. Unfortunately, features such as Notes & Attachments, CRM content and Libraries had surpassed their prime for the modern organisation.

Collaboration is a key value of Salesforce’s, as it increases user satisfaction and dramatically helps platform adoption.    

Where are they now?

The name stayed, but publicity grew. Quip are well-known for their ‘Living Documents’, that bi-directionally sync CRM data into documents and spreadsheets, and ‘Live Apps’, for collaboration on calendars, videos, images, and more. Quip featured during the Dreamforce ‘17 Keynote demo, showing how 21st Century Fox use Living Documents for release planning, including budgeting and content feedback on Trailers. Chatter in Quip isn’t new – but what is, is pulling in other Salesforce products, for example @mentioning Social Studio to kickstart a social posting workflow. So simple, so rapid.  

9. Buddy Media

Acquisition Date: Jun 4, 2012

Purchase Price: $649M

One-line Pitch: “Salesforce Buddy Media, a social media marketing platform, helps companies build connections and maintain relationships with customers.”

Why Salesforce bought them:

When the social media hype was on the rise, Salesforce looked to offer social media management features to their customers. Bringing a social media tool onto the market was an interesting play for Salesforce – an extra way for Salesforce customers to pump data into their CRMs, to use across multiple business functions. This quote puts it perfectly: “people are using social networks to volunteer crucial insights about themselves, and it’s the job of any smart CRM provider to tap into that.” (Mark Miller, CRM practice lead at Digitas, AdWeek).

Where are they now?

Buddy Media was paired with Radian6 to become Social Studio (part of Marketing Cloud) – the pictures that follow show the product information in its infancy. Social Studio performs at the level large enterprises need to manage their social channel content, and measure engagement.


This post has covered the Top 5 acquisitions (by price) across Salesforce’s history, and how they’ve been rebranded and weaved into the Salesforce Platform technically. It’s safe to say that Salesforce have been on the ball with their acquisitions, seeing a space and filling it with the best-in-class vendors on the market!

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