GO
Loading...

Enter multiple symbols separated by commas

Salesforce in $2.5 Billion Cash Deal for ExactTarget

Marc Benioff
Source: Salesforce | Flickr

Web-based software maker Salesforce.com said it would buy marketing software provider ExactTarget for about $2.5 billion in cash.

The offer price of $33.75 for each ExactTarget share represents a 53 percent premium to the stock's closing on Monday on the New York Stock Exchange.

Contact M&A

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.