Salesforce to acquire Mulesoft for $6.5 billion

Salesforce will acquire integration platform MuleSoft for approximately $6.5 billion, the two companies said in a statement on Tuesday. The boards of directors of Salesforce and MuleSoft have unanimously approved the transaction.

MuleSoft will be part of the Salesforce Integration Cloud, after the acquisition.

BofA Merrill Lynch is serving as financial advisor to Salesforce. Goldman Sachs is serving as financial advisor to MuleSoft.

[Image courtesy: Salesforce]

Just in

Gordon Bell, an architect of our digital age, dies at age 89 — Ars Technica

Computer pioneer Gordon Bell, who as an early employee of Digital Equipment Corporation (DEC) played a key role in the development of several influential minicomputer systems and also co-founded the first major computer museum, passed away, writes Benj Edwards in Ars Technica. 

Amazon plans to give Alexa an AI overhaul — and a monthly subscription price — CNBC

Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology, writes Kate Rooney in CNBC.

Scale raises $1B

San Francisco-based data foundry startup Scale has raised $1 billion in a Series F financing round, pegging the company at a $13.8 billion valuation.