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Salesforce Buys Social Media Monitoring Company Radian6 For $326 Million

March 30th, 2011 03:08 admin Leave a comment Go to comments

Cloud computing giant Salesforce.com has acquired social media monitoring company Radian6 for approximately $276 million in cash and $50 million in stock, net of cash. Radian6 helps clients like Dell, GE, Kodak and UPS monitor, analyze and engage in social media conversations.

Salesforce argues that the acquisition of the company will enable it to enhance all of its products, including Sales Cloud, Service Cloud, Chatter and Force.com.

(Updating)

Source: Salesforce Buys Social Media Monitoring Company Radian6 For $326 Million

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