M&A Deal Summary

Salesforce Acquires InStranet

On August 20, 2008, Salesforce acquired software company InStranet for 32M USD

Acquisition Highlights
  • This is Salesforce’s 3rd transaction in the Software sector.
  • This is Salesforce’s 21st largest (disclosed) transaction.
  • This is Salesforce’s 4th transaction in the United States.
  • This is Salesforce’s 1st transaction in Illinois.

M&A Deal Summary

Date 2008-08-20
Target InStranet
Sector Software
Buyer(s) Salesforce
Deal Type Add-on Acquisition
Deal Value 32M USD

Target

InStranet

Chicago, Illinois, United States
InStranet makes software that's designed to help customers at self-service Web portals, and customer-service agents get better and faster answers to questions and problems.

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Buyer(S) 1

Buyer

Salesforce

San Francisco, California, United States

Category Company
Founded 1999
Sector Internet Software and Services
Employees76,453
Revenue 37.9B USD (2025)
DESCRIPTION
Salesforce office in downtown Chicago, Illinois.
Salesforce office in downtown Chicago, Illinois.

Salesforce is a provider of enterprise cloud computing solutions. The Company's four core services include Sales Cloud, Service Cloud, Marketing Cloud and the Salesforce Platform. Salesforce delivers solutions as a service via all the major Internet browsers and on most major mobile device operating systems. Salesforce was founded in 1999 and is based in San Francisco, California.


DEAL STATS #
Overall 4 of 65
Sector: Software M&A 3 of 22
Type: Add-on Acquisition M&A Deals 4 of 64
State: Illinois M&A 1 of 5
Country: United States M&A 4 of 52
Year: 2008 M&A 1 of 1
Size (of disclosed) 21 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-10 Koral Technologies

San Mateo, California, United States

Koral Inc., of San Mateo, Calif., delivers content-management applications. The company, founded by former CEO Mark Suster, now vice president for Salesforce Content at Salesforce.com, launched in September 2006. Salesforce.com retained Koral's entire nine-person staff.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-31 Informavores

Cardiff, United Kingdom

Informavores provides Visual Process Manager technology services.

Buy -