---
schema_version: "secwatch.filing_event.v1"
accession: "0001108524-24-000024"
form_type: "8-K"
ticker: "CRM"
cik: "0001108524"
company_name: "Salesforce, Inc."
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:11:12.099658+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Salesforce to acquire data protection firm Own Company for ~$1.9B cash

## Summary
- Purchase price of $1.9B in cash, net of ~10% of shares already owned by Salesforce.
- Own serves nearly 7,000 customers with data backup, security, and compliance solutions.
- Transaction expected to close in Q4 of Salesforce's fiscal 2025; no change to FY2025 guidance.
- Accretion on a free cash flow basis expected starting in the second year post-close.
- Acquisition will not impact Salesforce's existing capital return program.

## SEC filing metadata
- accession: 0001108524-24-000024
- form_type: 8-K
- ticker: CRM
- cik: 0001108524
- company_name: Salesforce, Inc.
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108524/000110852424000024/0001108524-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108524/000110852424000024/crm-20240905.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108524-24-000024
- JSON: https://secwatch.observer/filing/0001108524-24-000024.json
- Plain text: https://secwatch.observer/filing/0001108524-24-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.