Salesforce's Cloud Computing Acquisition Spree Is Gaining Momentum

After just a year and a half sharing the workload with co-founder Marc Benioff, salesforce.com (NYSE: CRM) co-CEO Keith Block announced he was stepping down from the role and pursuing his "next chapter." Block will stay on as an advisor to Benioff, who's continuing once again as the lone CEO.  

All of the hubbub overshadowed the actual report card, though. And said report card -- the final one for Salesforce's fiscal 2020 (the 12 months ended Jan. 31, 2020) -- was a very good one. In spite of some question marks surrounding the company's especially aggressive acquisition spree in the last couple of years, results once again beat expectations.

Image source: Getty Images.

Continue reading

Source Fool.com