Salesforce grabs Vlocity for $1.33B, a startup with $1B valuation

INSUBCONTINENT EXCLUSIVE:
coincidence that Salesforce targeted this startup
This would appear to have been a deal waiting to happen.Brent Leary, founder and principal analyst at CRM Essentials, says Salesforce saw
this as an important target to keep building the business
companies like Vlocity and Veeva (which is focused on life sciences)
TechCrunch.Ray Wang, founder and principal analyst at Constellation Research, also liked the deal for Salesforce
Vlocity gives them the industries platform they need
More importantly, it keeps Google from buying them and [could generate] $10 billion in additional industries revenue growth over next four
C last March
They have to be together
year ago, and sold for $1.33 billion after raising $163 million
on the Vlocity website, founder and CEO David Schmaier put a positive spin on the deal