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Latest Updates: Salesforce Safety and Wellbeing Actions The $1.33 billion Salesforce Vlocity acquisition may attract more users in healthcare, energy, media, insurance and … With David and his team on board, Salesforce and Vlocity will deliver even stronger technology and capabilities to all customers when they need it most.Hear thought leaders discuss the salient issues affecting us all as we manage change. “It’s a great deal. Salesforce's acquisition of Vlocity is a sign of Saleforce's growing ambition to verticalise its business, enabling the company to provide highly specialised, industry-specific support for several key verticals. Built natively on the Salesforce platform, Vlocity is a leading provider of industry-specific cloud and mobile software for the world’s top companies in communications, media and entertainment, energy … On June 1, 2020, Salesforce closed its acquisition of Vlocity. We look forward to the road ahead, and we hope that you do, too. Having funded and hosted Vlocity's development, and been a go-to-market partner, Salesforce knows exactly what it's getting for its $1.33 billion acquisition. As you were browsing www.streetinsider.com something about your browser made us think you were a bot.If you are interested in www.streetinsider.com content, APIs are available. This acquisition could mark the beginning of Salesforce's … I am thrilled to share that today Salesforce has signed a definitive agreement to acquire Vlocity, a Salesforce Company.Upon the close of the transaction, Vlocity, a Salesforce Company – this wonderful company that we, as a team, have created, built, and grown into a transformational solution for six of the most important industries in the enterprise – will become part of Salesforce.Because every organization, including the world’s largest customer-centric corporations and industries, must digitally transform, it is more important than ever for our customers to have products that speak the language of their industries.Our deep expertise in vertical industries enables organizations to digitally transform while delivering seamless, industry-specific processes and data models across any channel, helping to increase sales, service and marketing agility, operational efficiency, digital adoption and simplicity. Salesforce believes that by focusing on verticals, it will be able to double its revenue within a couple years. David is an incredible leader with decades of building industry-specific products and solutions, not to mention the amazing company Vlocity has become.We couldn’t be more excited for the future of Industries at Salesforce.
It’s been a big news day for Salesforce. More importantly, it keeps Google from buying them and [could generate] $10 billion in additional industries revenue growth over next four years,” he said.Vlocity had raised about $163 million on a valuation of around $1 billion as of its most recent round, “Vlocity on its own doesn’t have as big a future without Salesforce. Our gratitude also goes out to our partners.

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