Salesforce Strengthens Data Protection With $1.9B Acquisition Of Own

Salesforce snaps up Own Company in $1.9bn deal

This is the largest deal for Salesforce since buying Slack and it will use Own Company to boost its data security offering. Read more: Salesforce snaps up Own Company in $1.9bn deal

Salesforce Strengthens Data Protection With $1.9B Acquisition Of Own

Salesforce Inc. said on Thursday it agreed to acquire data protection and data management solutions startup Own for $1.9 billion to strengthen data security, privacy, and compliance across its platform. The deal comes at a time when customers are increasingly focused on mitigating data loss due to system failures, human error, and cyberattacks. Own’s technology will complement Salesforce’s existing offerings, such as Salesforce Backup, Shield, a…

Salesforce to acquire data protection specialist Own Company for $1.9 billion

Cloud-based CRM vendor Salesforce on Friday signed a definitive agreement to acquire data protection and data management solutions company Own Company for $1.9 billion in cash. Salesforce said the growing use of AI and generative AI has heightened customers’ awareness of their need to protect and manage data, and Own’s solutions will enhance availability, security, and compliance of customer data across Salesforce’s platform. The deal comes in t…

Englewood Cliffs data protection firm, Own Co., to be acquired by Salesforce for $1.9B

Data protection and management firm Own Co. on Friday said it signed a definitive agreement to be acquired by Salesforce for $1.9 billion. Own, an Englewood Cliffs provider of data protection and management, empowers organizations to ensure the availability, security and compliance of mission-critical data, while unlocking new ways to gain deeper insights from this data. Salesforce currently owns about 10% of the company. Under the terms of the …

Software company Salesforce has announced the acquisition of Own Data. The data service provider is being sold for billions of euros.

Salesforce, the customer relationship management (CRM) giant, today announced the acquisition of Own Company for 1.9 billion dollars. This move marks Salesforce's return to major acquisitions after a hiatus of nearly three years and underscores the growing importance of data security in the global business landscape. Own, formerly known as OwnBackup, is a New Jersey company that specializes in data management and protection solutions. Founded in…