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Salesforce to acquire startup Own for $1.9 billion in cash

by Editor September 5, 2024, 10:56 pm 1.9k Views

Salesforce to acquire startup Own for $1.9 billion in cash

Marc Benioff, CEO of Salesforce.com, speaks during a keynote at the Dreamforce 2023 conference in San Francisco on Sept. 12, 2023.

Marlena Sloss | Bloomberg | Getty Images

Salesforce announced Thursday that it would pay $1.9 billion in cash for Own Co., a startup specializing in tools for backing up data in cloud-based applications. Salesforce intends to close the deal in the quarter ending in January 2025 if regulators give it their blessing,…

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