Strategy

‘Everything is up for disruption’: Why MuleSoft’s founder thinks the digital revolution could lead more CIOs to become CEOs

Chief information officers were once overlooked in organisations, but the digital transformation underway across corporate America is giving the role new responsibilities. As chief information officers become more critical to the goals of an organisation, they’re more likely to considered for the CEO spot, MuleSoft founder Ross Mason said. The […]
‘Everything is up for disruption’: Why MuleSoft’s founder thinks the digital revolution could lead more CIOs to become CEOs
Tech

The $6.5 billion acquisition that everyone hated a year ago was the only thing everyone loved about Salesforce’s latest quarter

Nearly a year after Salesforce announced it would acquire MuleSoft, Salesforce sees MuleSoft as a major source of subscription growth. Mulesoft contributed $US181 million in revenue, including $US156 million in subscription and support revenue in the past quarter. Last quarter, Salesforce predicted that MuleSoft would generate $US375 million in revenue […]
The $6.5 billion acquisition that everyone hated a year ago was the only thing everyone loved about Salesforce’s latest quarter
Markets

Salesforce’s CEO sets $20 billion sales target for 2022

Marc Benioff, Salesforce’s founder, chairman and co-CEO, said he’s targeting $US20 billion in sales by 2022 in an interview with CNBC. Salesforce had $US10.48 billion in sales in 2018, nearly a 25% increase from 2017. In March, Salesforce acquired MuleSoft, a tech company that allows developers to connect different apps […]
Salesforce’s CEO sets $20 billion sales target for 2022
Tech

Salesforce is buying a company called MuleSoft for $8.45 billion

Salesforce late Tuesday confirmed the reports that it is buying MuleSoft in a deal valued at $US6.5 billion ($AU8.45 billion). Shares of MuleSoft were briefly halted on Tuesday after news reports that the company is in advanced talks to sell itself to Salesforce. Salesforce is buying a company called MuleSoft […]
Salesforce is buying a company called MuleSoft for $8.45 billion