Salesforce is set to buy data visualization company Tableau

Salesforce.com Inc., which makes America’s dominant sales-tracking software, agreed to buy Tableau Software Inc. in an all-stock deal valued at $15.3 billion that it said will help give customers more ways to analyze data. The takeover will mark Salesforce’s largest deal to date, according to data compiled by Bloomberg. Co-Chief Executive Officers Marc Benioff and Keith Block have been chasing new markets to reach an annual revenue goal of as much as $28 billion by fiscal 2023. Benioff has helped Salesforce increase revenue at a rapid clip by acquiring more than 60 companies in 20 years. “Tableau helps people see and understand data, and Salesforce helps people engage and understand customers,” Benioff said in a statement Monday. “It’s truly the best of both worlds for our customers.” Tableau will remain headquartered in Seattle and will continue to be led by CEO Adam Selipsky, a former Amazon.com Inc. executive who has been transitioning Tableau’s software tools to cloud-based subscriptions. With Tableau, Salesforce will be able to help companies tap into data they have, make smarter decisions and boost innovation. IDC projects worldwide spending on technologies and services that enable digital transformation to reach almost $2 trillion in 2022, according to the statement. Tableau software quickly turns raw data into easily understandable dashboards and charts. The company has been broadening its product line to include data cleanup and machine learning tools,... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-06-10 16:51:13 UTC ]
News tagged with: #product line #common stock #early trading #goldman sachs #—bloomberg news

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Sourcebooks Buys Bestselling 1-2-3 Magic Parenting Series

Sourcebooks announced this morning that it has made a significant addition to its trade division, buying Dr. Thomas W. Phelan's bestselling 13-book line of parenting titles, 1-2-3 Magic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-21 00:00:00 UTC ]
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Oprah Winfrey takes stake in Weight Watchers as company refocuses on wellness

Oprah Winfrey’s endorsement was once enough to boost books to bestseller lists and send sales soaring of products dubbed her “favorite things.”Now Weight Watchers International Inc. is counting on that influence to propel its waning weight-loss brand past the competition of free diet and fitness... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-10-20 00:00:00 UTC ]
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Author Aitken sets up Not Bad Books

Ben Aitken has set up independent publisher Not Bad Books after writing his début travel memoir, Dear Bill Bryson. Continue reading at The Bookseller

[ The Bookseller | 2015-10-19 00:00:00 UTC ]
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Time Inc. Is in Talks to Buy Jane Pratt's Millennial-Focused xoJane

Time Inc. is close to acquiring Jane Pratt's xoJane and xoVain sites for an undisclosed sum as it looks to increase its content targeting millennial women, sources tell Adweek. The New York publisher is interested in buying Pratt's two sites to build up its focus on digital-only brands, which... Continue reading at AdWeek

[ AdWeek | 2015-10-17 00:00:00 UTC ]
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Griffiths’ excellent buys for Faber

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[ The Bookseller | 2015-10-15 00:00:00 UTC ]
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Simon & Schuster CEO Seeks to Master Data

Simon & Schuster CEO Carolyn Reidy is eagerly exploring new business models but acknowledges there’s still room for old-fashioned intuition in publishing. The post Simon & Schuster CEO Seeks to Master Data appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-10-15 00:00:00 UTC ]
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Is Twitter a Book Publishing Company?

The definition of what a publisher does is up for grabs, and one German executive predicts his company will one day employ more IT pros than editors. The post Is Twitter a Book Publishing Company? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-10-14 00:00:00 UTC ]
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Sherman’s to Buy Maine Coast Book Shop

Sherman’s Books, with five stores in Maine, is about to add one more in Damariscotta. With the purchase, the mini-regional chain will also take a new name and become Sherman's Maine Coast Book Shops. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-13 00:00:00 UTC ]
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Pre-FBF buying 'spree' at No Exit Press

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[ The Bookseller | 2015-10-10 00:00:00 UTC ]
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[ Publishers Weekly | 2015-10-09 00:00:00 UTC ]
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[ The Bookseller | 2015-10-08 00:00:00 UTC ]
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[ Digiday | 2015-10-07 00:00:00 UTC ]
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What Twitter's New 'Moments' Feature Means to Viewers, Media Companies and Brands

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[ AdWeek | 2015-10-06 00:00:00 UTC ]
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[ The Bookseller | 2015-10-06 00:00:00 UTC ]
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3M Sells Library Business to Bibliotheca; ProQuest Buys Ex Libris

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[ Publishers Weekly | 2015-10-06 00:00:00 UTC ]
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[ The Guardian | 2015-10-04 00:00:00 UTC ]
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Digiday Digest: Scroll speed, buy buttons and vinyl’s staying power

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[ Digiday | 2015-10-02 00:00:00 UTC ]
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[ The Guardian | 2015-09-30 00:00:00 UTC ]
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German publisher, Axel Springer, agrees to buy a controlling stake in the US news website Business Insider for $343m (£226m). Continue reading at BBC News

[ BBC News | 2015-09-29 00:00:00 UTC ]
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[ Publishers Weekly | 2015-09-29 00:00:00 UTC ]
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