WBIW.com News - state

Brought to you by WBIW News and Network Indiana

Indy Business Bought For $2.5B

Last updated on Wednesday, June 5, 2013

(INDIANAPOLIS) - One of the state’s top technology companies is being sold in a billion dollar deal.

San Francisco-based Salesforce.com, the largest maker of online customer-management software, has announced an agreement to purchase Indianapolis-based ExactTarget for approximately $2.5 billion dollars. The offer for $33.75 per share in cash is 53 percent more that ExactTarget's closing price Monday.

The transaction has been unanimously approved by the boards of directors of both companies.

1340 AM WBIW welcomes comments and suggestions by calling 812.277.1340 during normal business hours or by email at comments@wbiw.com

© Ad-Venture Media, Inc. All Rights Reserved.

Click here to go back to previous page