{"id":1056,"date":"2016-06-01T11:31:26","date_gmt":"2016-06-01T15:31:26","guid":{"rendered":"https:\/\/solutionsreview.com\/cloud-platforms\/?p=1056"},"modified":"2016-10-18T16:29:30","modified_gmt":"2016-10-18T20:29:30","slug":"salesforce-aquisition-demandware","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/cloud-platforms\/salesforce-aquisition-demandware\/","title":{"rendered":"Salesforce to Aquire Top Ranking E-Commerce Service Provider for 2.8 Billion"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1061\" src=\"https:\/\/solutionsreview.com\/cloud-platforms\/files\/2016\/06\/Salesforce-to-Aquire-High-Ranking-E-Commerce-Service-Provider-for-28-Billion.jpg\" alt=\"Demandware, Salesforce, Aquisition\" width=\"800\" height=\"350\" \/><\/p>\n<p>Today <a href=\"https:\/\/www.salesforce.com\" target=\"_blank\">Salesforce<\/a>\u00a0<a href=\"https:\/\/investor.salesforce.com\/about-us\/investor\/investor-news\/investor-news-details\/2016\/Salesforce-Signs-Definitive-Agreement-to-Acquire-Demandware\/default.aspx\" target=\"_blank\">announced<\/a> that it would spend $2.8 billion to acquire\u00a0<a href=\"https:\/\/www.demandware.com\/\" target=\"_blank\">Demandware<\/a>, a cloud-based provider of e-commerce services to businesses. The deal will serve as a catalyst in the launch of a new cloud platform,\u00a0what will be known as the new, Salesforce Commerce Cloud.<\/p>\n<p>Salesforce projects that the acquisition will have a gaining financial impact for\u00a0the company,\u00a0expecting a $20 million dollar increase in revenue in fiscal year 2017, with a year-over-year projected\u00a0growth now expected to be in the range of 22% to 23%. Go Salesforce, Go!<\/p>\n<p>Demandware&#8217;s <a href=\"https:\/\/investors.demandware.com\/phoenix.zhtml?c=247632&amp;p=irol-newsArticle&amp;ID=2173848\" target=\"_blank\">Press release<\/a> explains that Salesforce and Demandware have entered into a definitive agreement under the terms that, &#8220;Salesforce will commence a tender offer for all outstanding shares of Demandware for $75.00 per share, in cash, and the transaction is expected to close in the second quarter of Salesforce&#8217;s fiscal year 2017, ending July 31, 2016.&#8221;<\/p>\n<p>\u201cDemandware is an amazing company\u2014the global cloud leader in the multi-billion dollar digital commerce market,\u201d said Marc Benioff, chairman and CEO, Salesforce, in a statement. \u201cWith Demandware, Salesforce will be well positioned to deliver the future of commerce as part of our Customer Success Platform and create yet another billion dollar cloud.\u201d<\/p>\n<p>In the past, Demandware has received several honors, including being ranked 9th in the e-commerce platform category of the 2014<a href=\"https:\/\/Salesforce to Aquire High Ranking E-Commerce Service Provider for 2.8 Billion\" target=\"_blank\"> Internet Retailer Top Tech Guide<\/a>. Additionally, Demandware was ranked #563 on <i><a title=\"Inc. (magazine)\" href=\"https:\/\/www.inc.com\/\" target=\"_blank\">Inc.<\/a><\/i> magazine&#8217;s\u00a05000 list in 2012.<\/p>\n<p>For more information about what\u00a0this acquisition means for Salesforce and its customers, visit <a href=\"https:\/\/investor.salesforce.com\/about-us\/investor\/investor-news\/investor-news-details\/2016\/Salesforce-Signs-Definitive-Agreement-to-Acquire-Demandware\/default.aspx\" target=\"_blank\">Salesforce&#8217;s Investor Relations site<\/a>.<\/p>\n<br \/>Widget not in any sidebars<br \/>\n","protected":false},"excerpt":{"rendered":"<p>Today Salesforce\u00a0announced that it would spend $2.8 billion to acquire\u00a0Demandware, a cloud-based provider of e-commerce services to businesses. The deal will serve as a catalyst in the launch of a new cloud platform,\u00a0what will be known as the new, Salesforce Commerce Cloud. Salesforce projects that the acquisition will have a gaining financial impact for\u00a0the company,\u00a0expecting [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":1061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[337,11,336,12,113],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Salesforce to Aquire Top Ranking E-Commerce Service Provider for 2.8 Billion - Cloud Platforms &amp; Infrastructure Services | Solutions Review<\/title>\n<meta name=\"description\" content=\"Salesforce projects that the acquisition will have a gaining financial impact\u00a0for\u00a0the company,\u00a0expecting a $20 million dollar increase in revenue in fiscal year 2017\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/cloud-platforms\/salesforce-aquisition-demandware\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/cloud-platforms\/salesforce-aquisition-demandware\/\",\"url\":\"https:\/\/solutionsreview.com\/cloud-platforms\/salesforce-aquisition-demandware\/\",\"name\":\"Salesforce to Aquire Top Ranking E-Commerce Service Provider for 2.8 Billion - Cloud Platforms &amp; 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