Business & Financial

Salesforce to buy MuleSoft in $6.5 billion deal

FILE PHOTO - The Salesforce logo is pictured on a building in San Francisco

FILE PHOTO – The Salesforce logo is pictured on a building in San Francisco, California, U.S. October 12, 2016. REUTERS/Lily Jamali

(Reuters) – Salesforce.com Inc said on Tuesday it would buy software maker MuleSoft Inc for about $6.5 billion, including debt.

MuleSoft shareholders would get $36 in cash and 0.0711 of a Salesforce share for each share, or a price of $44.89 per share.

The per-share price represents a premium of 36 percent to Mulesoft’s Monday close.

Reuters had reported about the deal earlier on Tuesday.

(Reporting by Supantha Mukherjee in Bengaluru; Editing by Shounak Dasgupta)

 

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