Salesforce.com To Pay $326M For Radian6

Salesforce.com will acquire monitoring firm, Radian6, for about $326 million.

Salesforce.com will acquire monitoring firm, Radian6, for about $326 million, The Wall Street Journal reports. The cloud computing company will pay about $276 million in cash and $50 million in stock for Radian6, net of cash acquired.

The founders of Radian6 will also get an additional $10 million in stock and $4 million in cash subject to vesting conditions over the next two years. The transaction is expected to be closed by the end of the second financial quarter.

Click here for the story from The Wall Street Journal.

Click here for the additional coverage from Bloomberg.