The Traderszone Network

Published in TZ Latest News 7 May, 2015 by The TZ Newswire Staff

Exclusive: Microsoft has no plans to pursue Salesforce – sources

Bloomberg News, citing people with knowledge of the matter, reported earlier this week that Microsoft was evaluating a bid for Salesforce after the latter was approached by another unnamed would-be buyer. Microsoft considers Salesforce’s current market valuation expensive, one of the people said. It is possible that Microsoft could review a bid for Salesforce in the long term, the other person said. Microsoft and Salesforce both declined to comment.