Rypple acquired by Salesforce
Deal Synopsis
Rypple was acquired by Salesforce.com (NYSE:CRM), on February 1, 2012 for $50.6 million.
Seller Details
Rypple, a provider of social performance management platform offers personal feedback, decision support, customer engagement, rapid peer reviews, team feedback, quick pulse, integration, consulting, live support, analytics, configuration tools, and team activation services. It serves employees, consultants, managers, executives, and educators, as well as teams, companies, and academia/non-profits.
Buyer Details
Salesforce.com provides enterprise cloud computing solutions, including Sales Cloud, the company's main customer relationship management software-as-a-service product. Salesforce.com also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration. The firm prefers to make investments to grow the company and expand the existing product offerings and functionalities through strategic acquisitions and investments.