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Report: Salesforce in discussions to acquire Israeli software developer

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Report: Salesforce in discussions to acquire Israeli software developer

Cloud computing solutions developer Salesforce.com inc. is holding discussions about potentially buying ClickSoftware Technologies Ltd. for approximately $1.5 billion, Reuters reported, citing the Calcalist financial news website.

Francisco Partners Management LP acquired the Israel-based software developer for $438 million in 2015 before delisting it from NASDAQ, according to Reuters.

Salesforce.com agreed to acquire Datorama Inc., an Israeli cloud-based artificial intelligence marketing platform, for $850 million in July 2018.