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Salesforce to Buy Defense Tech Startup, Extending Acquisition Streak
Salesforce extending acquisition streak with defense tech startup purchase signals ongoing M&A strategy.
Context
What happened: Salesforce said on Friday it is buying defense tech startup Rune Technologies to build out Missionforce, its suite of software tools designed for the military.
Key numbers: $375 million in cash and stock, per Resilience Media.
Why it matters: The deal extends Salesforce's acquisition streak and adds military-focused software to its product lineup.
What changed
Salesforce said on Friday it is buying defense tech startup Rune Technologies to build out Missionforce, its suite of software tools designed for the military.
Why it matters
The deal extends Salesforce's acquisition streak and adds military-focused software to its product lineup.