Global CRM provider Salesforce (NYSE: CRM) has announced the acquisition of MuleSoft (NYSE: MULE) – global provider of a platform for building application networks. Salesforce will acquire MuleSoft for an enterprise value of approximately $6.5 billion.
MuleSoft provides one of the world’s leading platforms for building application networks that connect enterprise apps, data and devices, across any cloud and on-premise. With its API-led approach to connectivity, MuleSoft’s Anypoint Platform is enabling organizations in approximately 60 countries to build application networks. More than 1,200 customers, including Coca-Cola, Barclays, Unilever and Mount Sinai, would rely on MuleSoft to change and innovate faster, deliver differentiated customer experiences, and increase operational efficiency.
“Every digital transformation starts and ends with the customer,” said Marc Benioff, Chairman and CEO of Salesforce. “Together, Salesforce and MuleSoft will enable customers to connect all of the information throughout their enterprise across all public and private clouds and data sources—radically enhancing innovation. I am thrilled to welcome MuleSoft to the Salesforce Ohana.”
MuleSoft will power the new Salesforce Integration Cloud, which would enable all enterprises to surface any data – regardless of where it resides – to drive deep and intelligent customer experiences throughout a personalized 1:1 journey.