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Salesforce.com buys cloudy Jigsaw address book maker

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Internet Security Threat Report 2014

Salesforce.com plans to buy web-based biz address book vendor Jigsaw for at least $142m in cash.

The world’s biggest software-as-a-service provider said yesterday it could go up to 10 per cent higher depending on Jigsaw’s performance between now and when the deal, which is subject to the normal regulatory scrutiny, is expected to close on 1 May.

“Salesforce.com is excited to bring the data services industry into the era of Cloud 2,” said the company’s chairman and CEO Marc Benioff.

“With Jigsaw, we’ll make it as easy as Wikipedia to source data, as easy as iTunes to buy data and as easy as Facebook to stay updated as the data changes.”

Jigsaw, based in San Mateo, California, currently has over 1.2 million members who contribute or, if we have to use the term - “crowd source” - data for the firm, which then farms out contact information via its database to more than 21 million individuals working at four million companies. ®

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