CRM to Buy Own: Does Inorganic Growth Plan Make the Stock a Buy?
salesforce(CRM) ZACKS·2024-09-10 22:27
Salesforce, Inc. (CRM) recently made headlines by announcing its acquisition of Own Company for $1.9 billion. This strategic move further underscores Salesforce’s commitment to expanding its capabilities in data protection and management, critical components as businesses increasingly rely on artificial intelligence (AI) and digital transformation.This acquisition is part of Salesforce's broader inorganic growth strategy, which has seen the company expand its portfolio through multiple high-profile deals. H ...