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Salesforce Acquires Demandware for $2.8B

Salesforce has agreed to acquire e-commerce services firm Demandware for $2.8 billion. With the acquisition, the company will launch a new business division: the Salesforce Commerce Cloud. "With Demandware, Salesforce will be well positioned to deliver the future of commerce as part of our Customer Success Platform and create yet another billion dollar cloud," said Marc Benioff, chairman and CEO, Salesforce, in a statement.

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