Filing: Salesforce paid $419M to buy Spiff in Feb
CRMsalesforce(CRM) TechCrunch·2024-05-30 19:32

Salespeople live and die by commissions, which typically form a big chunk of how they are paid, so it’s no surprise that Salesforce paid a premium to buy a platform to manage this for customers more easily. Several months ago, it acquired Spiff, to help companies build out and manage incentive-based compensation schemes. Salesforce’s 10-Q filing with the SEC early Thursday finally reveals the price it paid: 419millionallin.Thatprice,describedasacquisitiondatefairvalue,includes419 million all-in. That price, described as acquisition date fair value, includes 374 million in c ...