Salesforce.com CEO Marc Benioff (Image via Wikipedia)
Just days after his company was downgraded by analyst firm Cowen & Co. on competition fears, Salesforce.com CEO Marc Benioff has responded with a modest acquisition that represents a huge kowtow to rival SAP.
Here are the details: in early December, SAP agreed to acquire leading cloud-based HCM vendor SuccessFactors for $3.4 billion, and said Lars Dalgaard’s company would retain its name and be called “SuccessFactors, an SAP....