Salesforce names Vlocity founder David Schmaier CEO of new Salesforce Industries division

When Salesforce announced it was acquiring Vlocity for $1.33 billion in February, it was a deal that made sense for both companies. Today, the company announced that the deal has closed and Vlocity CEO David Schmaier has been named CEO of a new division called Salesforce Industries. Vlocity has built several industry-specific CRM tools such […] Continue reading Salesforce names Vlocity founder David Schmaier CEO of new Salesforce Industries division

Salesforce promotes Bret Taylor to president and COO

Salesforce announced today that it has named Bret Taylor as president and chief operating officer of the company. Prior to today’s promotion, Taylor held the position of president and chief product officer. In his new position, Taylor will be responsible for a number of activities including leading Salesforce’s global product vision, engineering, security, marketing and […] Continue reading Salesforce promotes Bret Taylor to president and COO

Salesforce keeps rolling with another monster quarter, as it sets $20 billion revenue goal

 Ho hum, Salesforce announced its quarterly earnings yesterday and the news was all good once again with revenue up 25 percent to $2.68 billion. The company has blown through its $10 billion yearly revenue goal and has boldly set one for $20 billi… Continue reading Salesforce keeps rolling with another monster quarter, as it sets $20 billion revenue goal

Quip adds an App Store as it pushes toward full-blown collaboration platform

 When Salesforce bought Quip, a document-based, mobile-first collaboration tool for $750 million last September, it may have seemed like an odd purchase, but Salesforce and Quip have been hard at work enhancing the product. Today at the Dreamforce… Continue reading Quip adds an App Store as it pushes toward full-blown collaboration platform

Salesforce took a horizontal turn when it bought Quip

Quip Chief Executive Officer Bret Taylor And Greylock Partners Partner John Lilly Interview When Salesforce purchased Quip last summer for $750 million, it seemed on its face to be an unusual acquisition for the cloud CRM company. Salesforce tends to go hard for more vertical targets like Demandware, which it purchased for 2.8 billion last June.
In fact, at a press conference this week at Dreamforce, Salesforce president, vice chairman and COO — yes, he has all those titles… Read More Continue reading Salesforce took a horizontal turn when it bought Quip