Reported 4 months ago
Salesforce, seeking growth after a significant stock decline, may consider major acquisitions; analysts worry about potential negative impacts. Following a 20% drop in stock value due to disappointing fiscal results and projections, concerns arise over Salesforce's future performance. While the company's CEO hints at openness to large-scale deals, analysts caution against risky acquisitions given the challenging software market. Despite recent smaller acquisitions like Spiff, Salesforce's potential pursuit of significant mergers raises investor concerns about maintaining customer satisfaction and strategic alignment with core services, highlighting possible challenges in adapting to industry trends such as AI innovation.
Source: YAHOO