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Salesforce Pays $31.5 Million for Product Support Company

in News on August 20, 2008 at 7:25 am PT

Salesforce.com (CRM), which is mainly known for software that helps sales executives track and manage customer prospects, today said it paid $31.5 million in cash for Instranet, a 10-year-old company based in Chicago that makes software to improve product support.