Marc Benioff, chairperson and CEO, Salesforce. Image: Salesforce
The Information reported that the acquisition deal cost Salesforce between $1bn and $1.5bn.
Salesforce is acquiring Berlin-founded digital experience platform Contentful for an undisclosed amount.
Yesterday’s (1 June), the company also announced a fresh $2bn investment in France set towards a new AI Innovation Hub in Paris, alongside supporting skill development initiatives and boosting its own business in the country. The company had already committed a previous $3.5bn to France.
Salesforce share price jumped nearly 10pc yesterday (1 June), but fell around 3.5pc in pre-market trading today (2 June).
