3 weeks ago
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Salesforce has acquired Own Company, a provider of data management and protection solutions, for $1.9 billion in cash.
In a press release, Salesforce GM Steve Fisher said that Own “underscores [Salesforce’s] commitment to providing secure, end-to-end solutions that protect our customers’ most valuable data.”
“Data security has never been more critical, and Own’s proven expertise and products will enhance our ability to offer robust data protection and management solutions to our customers,” he continued.
Salesforce expects the transaction to close in Q4 of its fiscal year 2025, subject to regulatory approvals and customary closing conditions.
