Salesforce has agreed to buy Mulesoft, a portfolio company that has more than doubled in value since its 2017 IPO, in a deal with an enterprise value of $6.5bn.
Customer relationship management software provider Salesforce agreed yesterday to acquire Mulesoft, a US-based, publicly-listed application development software producer that was also one of its portfolio companies, at an enterprise value of $6.5bn.
Founded in 2006, Mulesoft has developed a software platform called Anypoint that enables organisations to build networks that integrate applications, data and devices.
The company went public in March 2017 in a $221m initial public offering that gave it a market capitalisation of about $2.9bn, pricing its…