Salesforce's $1.9B Cash Acquisition Enhances Cloud Data Security via Own

Friday, 6 September 2024, 01:12

Salesforce's $1.9B cash acquisition of Own strengthens Salesforce revenue streams and enhances cloud data security. This strategic move underscores Salesforce's commitment to bolstering its cloud-based services. By leveraging Own's capabilities, Salesforce aims to refine its offerings and drive greater value for its customers in an increasingly connected landscape.
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Salesforce's $1.9B Cash Acquisition Enhances Cloud Data Security via Own

Salesforce's Strategic Move

In an unprecedented announcement, Salesforce revealed plans to allocate $1.9B in cash for the acquisition of the firm Own. This significant investment is set to bolster Salesforce's revenue and elevate their cloud data security measures.

Key Benefits of the Acquisition

  • Enhances cloud-based applications
  • Strengthens data backup capabilities
  • Expands Salesforce's existing service offerings

As Salesforce continues to shape the future of digital data management, the acquisition of Own marks a pivotal moment in enhancing its technological landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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