Filing shows Salesforce paid $419M to buy Spiff in February | TechCrunch
Salespeople live and die by commissions, which typically form a big chunk of how they are paid. It’s no surprise, then, that Salesforce paid a premium to buy a platform that helps its customers manage commissions more easily.
Several months ago, Salesforce bought Spiff to help companies build out and manage incentive-based compensation schemes. Salesforce’s 10-Q filing with the SEC early on Thursday finally revealed the price it paid: $419 million all-in.
That price, described as “acquisition da...
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