Salesforce.com has entered into a definitive agreement to buy cloud-based crowd-sourced data services provider Jigsaw for about $142 million. The enterprise cloud computing company touts Jigsaw's
Wikipedia-style crowd-sourcing model, which it says delivers the world's most complete, accurate and up-to-date business contact data. "When we first reviewed the company back in 2006, Michael
Arrington deemed it a really, really bad idea because Jigsaw would pay people simply to upload other people's contact information (a privacy nightmare)," TechCrunch notes.
Since then, Jigsaw
changed its model to allow people to see if their personal information has been uploaded, and added a process to have it removed -- at least temporarily. The deal is expected to close in the second
quarter of fiscal year 2011, subject to customary closing conditions.
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