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Salesforce.com inc. closes Demandware buy

Salesforce.com Inc. on July 8 completed its acquisition of Demandware Inc. for a transaction value of $2.84 billion.

The company offered $75 per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Merrill Lynch Pierce Fenner & Smith Inc. was the financial adviser for Salesforce.com inc., and Shearman & Sterling LLP was the legal adviser.

Goldman Sachs & Co. LLC was the financial adviser for Demandware, while Wilmer Cutler Pickering Hale and Dorr LLP was the legal adviser.