Salesforce Acquires OwnCompany to Strengthen Data Security and Privacy

Friday, 6 September 2024, 03:50

Salesforce has announced a $1.9bn deal to acquire OwnCompany, marking a significant step in enhancing data security. This acquisition aims to elevate user privacy and ensure compliance across its platform. With this strategic move, Salesforce continues to solidify its position in the competitive CRM landscape.
Siliconrepublic
Salesforce Acquires OwnCompany to Strengthen Data Security and Privacy

Salesforce's Strategic Acquisition

In a bold move, Salesforce has finalized a $1.9 billion acquisition of OwnCompany. This acquisition is poised to enhance its data security capabilities, focusing on privacy and compliance.

Why This Acquisition Matters

  • Data Security is becoming crucial in today's digital landscape.
  • OwnCompany brings innovative technologies that will bolster Salesforce’s offerings.
  • Enhancing user trust is a priority for Salesforce as cyber threats rise.

Impact on the CRM Market

  1. This acquisition positions Salesforce as a more formidable player in CRM.
  2. Users can expect improved data privacy measures.
  3. Compliance with new regulations will be more seamless.

With this acquisition, Salesforce is not just expanding its portfolio; it’s reinforcing its commitment to a safer and more compliant digital workspace.


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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