Salesforce buys word processing app Quip for $750M

Salesforce is continuing its buying spree to expand the services that it offers to its customers. The company has just announced that it is acquiring Quip, the cloud-based word processing app that was co-founded by Bret Taylor, formerly CTO of Facebook. We understand that the price is in the region of $750 million. Salesforce’s 8-K notes “Quip capital stock with an aggregate value… Read More...