Salesforce agrees to buy Informatica in deal worth $8B
The deal could be strategic given the intensifying competition in the market for artificial intelligence-driven databases.
Salesforce
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Salesforce gives forecast for slowing sales growth in push for profit
Shares in Salesforce tumbled Thursday after the software company signaled it isn’t growing as fast as it used to while shifting its focus to generating a bigger profit.
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Salesforce giving up 25% of its space in state’s tallest building
The tech giant, which has been cutting costs and restructuring its real estate in the face of a possible economic downturn, put three contiguous floors at Salesforce Tower in downtown Indianapolis on the market for sublease.
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IBJ Podcast: Digging into Salesforce’s ‘restructuring’ and what it could mean for Indianapolis
The global tech giant revealed Wednesday that planned to lay off about 10% of its employees companywide and shrink its real estate footprint. But execs are mum on the possible ramifications for downtown’s Salesforce Tower.
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Salesforce mum on how companywide cuts will affect Indy operations
The global cloud-computing giant revealed on Wednesday a major restructuring plan that will lay off about 10% of its employees and shrink its real estate footprint.
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Articles
Salesforce gives tepid outlook while touting AI
Investors have flagged some uncertainty from changes in the company’s rank of top executives.
Salesforce cutting 1,000 jobs while hiring salespeople for AI
Technology companies have grown more accustomed to regular job reductions after a massive wave of layoffs at the start of 2023.
Salesforce announces $1M grant to Indianapolis schools
The grant brings Salesforce’s total giving to Indianapolis Public Schools district to $5.5 million over the past seven years.
Salesforce to cut about 700 workers, adding to tech layoff flood
Other tech companies, such as Microsoft Corp., Alphabet Inc.’s Google and Amazon.com Inc., also signaled layoffs this month.
Amy Waggoner: EED is needed to keep downtown Indy vibrant
We [at Salesforce] understand the unique challenges facing downtown urban centers like the Mile Square, including cleanliness and security.
Indiana business leaders form coalition to boost civic engagement
The group hopes to improve civic education in a state that ranks among the bottom nationally when it comes to voter registration and turnout.
Salesforce donates $1M to IPS for emotional, mental health
IPS is expected to use the money to create sensory-friendly environments for struggling students, peer mentors and professional development sessions on social and emotional learning.
Tech startup led by Scott McCorkle lands $5.1M in angel funding
Indianapolis-based tech startup MetaCX, a High Alpha portfolio company, has attracted more than $30 million in investment since the company’s launch in 2018.
Salesforce raises profit forecast on resilient demand for business software
Shares in Salesforce experienced their steepest increase in almost two years on Wednesday after the company signaled that demand for business software is holding up despite a broader downturn for major tech firms. About 2,000 Salesforce Marketing Cloud employees are based in Indianapolis.
Carmel-based GyanSys acquires Vancouver-based Salesforce partner
With the acquisition of British Columbia-based Groundswell Cloud Solutions, GyanSys now has more than 250 employees who work in the firm’s Salesforce practice.
New Salesforce co-CEO Bret Taylor has growth on his mind
Investors are clamoring for the top provider of cloud-based customer relations management software to prove it can expand beyond its core business. Any misstep is bound to be noticed.
High Alpha leads $10M investment in Chicago-based software startup Logik.io
Logik.io, which was launched in February, offers software that helps sales reps and customers secure price quotes in complex sales situations.
Tech startup co-founded by Scott McCorkle secures another $7M in funding
MetaCX’s newest round of fundraising brings its total to $31.5 million, including multiple investments from several venture capital organizations.
New Emarsys CEO sees continued local growth ahead for software firm
New Emarsys CEO Joanna Milliken, who starts in her new role Oct. 1, will oversee all of the Austria-based marketing tech company’s activities from Indianapolis. About 150 of the company’s nearly 700 employees are based in central Indiana.
Marketing tech firm Terminus announces its largest acquisition yet
Terminus, which offers a business-to-business platform that helps marketers connect with potential customers, said its acquisition of Boston-based Zylotech is its fifth acquisition to date, and its largest.
Salesforce to help workers leave Texas over abortion law
Salesforce, which sells customer-management software and has major operations in Indianapolis, joins a small number of companies that have reacted against the Texas law.
Downtown office market set to shift as firms rethink space
A Salesforce decision to permit employees to work remotely even once the pandemic subsides could have long-lasting effects on the downtown office market.
Salesforce won’t force workers to go into office post-COVID
Salesforce said its work-from-anywhere plan offers the company better ways to broaden its workforce to new geographies and new communities beyond “traditional city centers.”
Salesforce to buy work chat service Slack for $27.7 billion
The acquisition announced Tuesday is by far the largest in the 21-year history of Salesforce, which located its Marketing Cloud division in Indianapolis after it acquired ExactTarget in 2013.