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Announced

Salesforce to acquire Vlocity for $1.3bn.

Synopsis

Salesforce, an American cloud-based software company, agreed to acquire Vlocity, a provider of industry-specific cloud and mobile software, for $1.3bn. "It is important for our customers to have products that speak the language of their industries. Vlocity’s feature set will continue to enhance and complement Salesforce’s industry capabilities and product knowledge, open up new industry capabilities built on the Salesforce platform and provide customers with even more tools and expert guidance to digitally transform," Salesforce.

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