Salesforce is buying Tableau for $15.7B

Post by dgudkov » Mon, Jun 10, 2019, 2:27 PM UTC

bardam wrote: post #60

dgudkov wrote: post #5

I remember the wave of BI vendor acquisitions in 2007-2008 when IBM acquired Cognos and SAP acquired BusinessObjects. Now, 12 years later the wave repeats. Google is buying Looker. Salesforce is buying Tableau, and probably Qlik will be acquired within the next 1-2 years too.

Qlik was sold to Thoma Bravo, a private equity firm, about two years ago for $3B. Not sure if that's a relative bargain compared to this deal or if it makes the $15.7B look totally unrealistic. As of a few years ago the total revenue of the two firms wasn't that different.

Post by lmeyerov » Mon, Jun 10, 2019, 2:34 PM UTC

lmeyerov wrote: post #59

Wow. When we started Graphistry, our view was, "skate to where the puck is going", so while we saw Looker and Periscope burning sales/marketing/dev $$$, the result felt 95% similar to Tabluea Public. Instead, we've focused on figuring out how to harness next gen -- GPUs, how to expose ML and automation, etc. While I still think we are right long-term, and that the cloud co's will be paying top dollar here for the nex…

Post by sidcool » Mon, Jun 10, 2019, 2:35 PM UTC

ackbar03 wrote: post #7

I never really understood tableu, it just makes fancy graphs from your data doesn't it? What's new about it?

Post by okr » Mon, Jun 10, 2019, 2:37 PM UTC

woodgrainz wrote: post #72

prepend wrote: post #22

This seems really high for a company without earnings and a weird growth curve. Their ticker is cool and maybe sales force wants to be DATA on nasdaq. Otherwise, it will be hard to justify this high markup for a tool company. It will be awesome if Salesforce can adjust their model and make Tableau spit out D3. Their desktop tool is nice for designing, but their server components seem frequently unnecessary for runnin…

Very expensive acquisition. Perhaps in 5 years we'll look back at this move as a prime example of the bubble we're currently in.

Post by rchaud » Mon, Jun 10, 2019, 2:42 PM UTC

prepend wrote: post #20

gerhardi wrote: post #13

Earlier quoted context omitted.

Microsoft has PowerBI which is already almost magic for many business users with it's ease of connectability with different databases and SaaS services. Transformations, parsing, mixing data from different sources and reporting capabilities are also easy to start with and quite powerful in the right hands. It's not integrated into Excel directly but sits quite well imho in the MS ecosystem.

PowerBI wants to be Tableau based on the number of times Microsoft sales has demoed and whatnot. But I haven’t met databiz people who switched from tableau to PBI. I’m not sure why as they look pretty similar on paper. I think Tableau’s mental model is about exporting and storytelling while PBI is about reporting. Personally, I find it harder to work with PBI because it’s the only license model more confusing that Ta…