Following the closing of a transaction to acquire Predictspring in August 2024, Salesforce, an AI CRM company, signed a deal to complete another acquirement, this time of Own, a firm enabling organisations to ensure the availability, security, and compliance of data. Under the agreement, Salesforce is set to purchase Own for nearly USD 1.9 billion in cash, net of the value of approximately 10% of outstanding shares currently owned by the firm. At the time of the announcement, the move was subject to customary purchase price adjustments.
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