Overview

• Salesforce will pay $1.9 billion in cash for Own Company, significantly below its 2021 valuation.
• Own Company specializes in data protection and management solutions for enterprise clients.
• The deal is expected to close in Q4 of Salesforce's fiscal year 2025, pending regulatory approval.
• Salesforce anticipates the acquisition will enhance its data security offerings and boost free cash flow starting in the second year.
• This is Salesforce's largest acquisition since purchasing Slack for $27 billion in 2021.