M&A Deal Summary

Salesforce Acquires Tableau Software

On June 10, 2019, Salesforce acquired software company Tableau Software for 15.7B USD

Acquisition Highlights
  • This is Salesforce’s 20th transaction in the Software sector.
  • This is Salesforce’s 2nd largest (disclosed) transaction.
  • This is Salesforce’s 46th transaction in the United States.
  • This is Salesforce’s 3rd transaction in Washington.

M&A Deal Summary

Date 2019-06-10
Target Tableau Software
Sector Software
Buyer(s) Salesforce
Deal Type Add-on Acquisition
Deal Value 15.7B USD
Advisor(s) Goldman Sachs (Financial)
Cooley (Legal)

Target

Tableau Software

Seattle, Washington, United States
Tableau Software's corporate headquarters in Seattle, Washington.
Tableau Software's corporate headquarters in Seattle, Washington.
Tableau Software, Inc. is a provider of business analytics software products. Tableau's software products allow business users to engage with their data, ask questions, solve problems and create value. Tableau's products are used by people of diverse skill levels across all kinds of organizations, including large corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. Tableau Software, Inc. was formed in 2003 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

Salesforce

San Francisco, California, United States

Category Company
Founded 1999
Sector Internet Software and Services
Employees56,606
Revenue 34.9B USD (2024)
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 54 of 63
Sector (Software) 20 of 21
Type (Add-on Acquisition) 53 of 62
State (Washington) 3 of 3
Country (United States) 46 of 51
Year (2019) 4 of 5
Size (of disclosed) 2 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-06 Bonobo AI

Tel Aviv, Israel

Bonobo AI helps companies turn customer conversations into meaningful insights which power sales, customer satisfaction and retention. Bonobo AI enables companies to analyze customer interactions, empowering sales teams to spot trends, improve conversations and drive customer success.

Buy $50M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-07 ClickSoftware Technologies

Petah Tikva, Israel

ClickSoftware Technologies Ltd. is a provider of field service management solutions and optimization technology. ClickSoftware arms field service professionals and mobile workers with innovative, AI-driven technologies and real-time schedule and route optimization at scale to improve their efficiency and effectiveness. Founded in 1997, Click is a pioneer in applying complex algorithms and artificial intelligence to workforce management and today helps manage over 1 million field resources around the world in a wide variety of industries including for organizations like Bosch, Deutsche Telekom, Ericsson, and Unisys.

Buy $1.4B