Now we've recently heard about talks that salesforce was going to be bought, and believe it or not the bidder was Microsoft. However Microsoft was only offering a "meager" 55 billion. Salesforce wanted 70 billion. Now the stock is has a market cap of 50 billion, and 55 billion is only a 10% premium. But consider for a moment, the stock is overvalued by a lot, and salesforce really looks at its peak. Demanding 70 billion for that is way to much. Microsoft does have that kind of money, but what happens if it goes bad? Take a 70 billion write off charge? Fact is, salesforce missed a huge opportunity to cash in before it was too late, and they where cocky and demanded too much. Their stock will go down in the next several years as revenue's begin to decline. Fact is, 35 billion in my opinion is much more conservative for this company, but 55 billion is still ok. But 70 billion, damn.

Source: http://www.cnbc.com/id/102702029

Ka-pi96 said: Never even heard of salesforce before. Are they a US only company or something? Anyways, that's just ridiculous money!

 "it is one of the most highly valued American cloud computing companies with a market capitalization of $50 billion,^[6] although the company has never turned a GAAP profit since its inception in 1999" -wikipedia 

Ka-pi96 said: Never even heard of salesforce before. Are they a US only company or something? Anyways, that's just ridiculous money!

They're a CRM cloud company. Microsoft has roughly 100 billion in cash, but asking for 70 billion is insane!

Edit: Onion is also right.

That makes it 50 billion $ overpriced.

If the damn thing has never made 1 cent of profits, how the hell is it valued at 50 billion $?

I think alot of this cloud crap is highly overrated.

I think MS is better off not tossing all that cash out the window.

Its a cloud company, but yeah its overhyped. Amazon doesn't make money either, yet its worth 200 billion. I don't know why investors put their money into these companies, especially since they don't make money; and it can get quite risky.

That seems way to high, but they have bough about 50 other companies. But to have never shown a profit, seems like they could be the next Zinga.

70 WHAT!?

70,000,000,000 USD. That's what billion is in the US. In case you were wondering.

Tbh, I'm glad they were asking for that much. Saved MS the money buying them, let someone else waste 70 billion on them.

Yeah the stuff MS spends money on a lot of the time is so questionable. I'm not saying they should buy 50 billion in gaming studios or anything but damn, could it hurt to spend some of that money on Xbox? Even if they don't believe Xbox will be aorund for much longer, their games will be. Thus buying some studios and bolstering their IP's only makes sense. However I digress.