Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesforce Inc , the Wall Street Journal reported on Sunday, citing people familiar with the matter.
A logo of Salesforce is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France June 16, 2022. REUTERS/Benoit Tessier/File Photo
Jan 22 - Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesforce IncDetails of the deal were not available, the report said. "We look forward to working constructively with Salesforce to realize the value befitting a company of its stature," Jesse Cohn, managing partner at Elliott told the newspaper, adding that Elliott has followed Salesforce for nearly two decades.Earlier this year Salesforce Inc said it
and close some offices after rapid pandemic hiring left it with a bloated workforce amid an economic slowdown.Our Standards:
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