Salesforce To Acquire RPA Provider Servicetrace For Undisclosed Terms

August 2, 2021 2:32 PM | 1 min read | Make a Comment

Salesforce.com Inc CRM has agreed to acquire robotic process automation (RPA) provider Servicetrace.
The financial terms of the transaction remain undisclosed.
The acquisition will become a part of MuleSoft, a Salesforce company. It is likely to close in Q3 of Salesforce’s FY22.
Recently, RPA has grown to the forefront as a top software technology trend, combining robotics and automation to perform repetitive tasks.
Salesforce.com held $15 billion in cash and equivalents as of Apr. 30.
Price action: CRM shares traded lower by 0.24% at $241.36 on the last check Monday.

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