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Report: Salesforce in Talks to Buy ClickSoftware for $1.5 Billion
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by Reuters and Algemeiner Staff
The Salesforce logo is pictured on a building in San Francisco, California, Oct. 12, 2016. Photo: Reuters / Lily Jamali.
Salesforce.com is in talks to acquire US-Israeli software developer ClickSoftware Technologies for around $1.5 billion, the Calcalist financial news website reported on Wednesday.
US private equity firm Francisco Partners bought ClickSoftware in 2015 for $438 million and delisted the provider of cloud-based field service management software from Nasdaq.
If a deal goes ahead, it would be the second significant acquisition by Salesforce in Israel in less than a year after it paid $850 million for Datorama, an Israeli cloud-based artificial intelligence marketing platform.
Officials at Salesforce in Israel declined to comment on the report. ClickSoftware officials were not immediately available for comment.
