News Byte
Arik Hesseldahl in News on March 11 at 3:38 pm PT
Salesforce.com CEO Marc Benioff is about to go shopping for acquisitions, and he’ll have $1 billion to spend. The company
just announced a plan to raise its debt by issuing convertible notes due in 2018. Salesforce says it will use the proceeds to fund “possible acquisitions of, or investments in, complementary businesses, services or technologies, working capital and capital expenditures.”