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Salesforce Buying Tableau Software in $15.7 Billion Stock Deal

Salesforce agreed to buy Tableau Software in a stock deal valued at $15.7 billion, said the companies Monday. Tableau helps companies see and understand data, and Salesforce helps companies engage and understand customers, said Salesforce co-CEO Marc Benioff. The combined…

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company will help drive the “digital transformation,” they said, citing IDC projections of a worldwide spending on data-driven technologies and services reaching $1.8 trillion in 2022. The transaction is expected to close about Oct. 1.