Salesforce and ServiceNow to invest $1.5 billion in Genesys Cloud - Bloomberg
- Joseph K
- Jul 31
- 1 min read
Salesforce (NYSE:CRM) Inc. and ServiceNow (NYSE:NOW) Inc. are in advanced discussions to invest approximately $750 million each in Genesys Cloud Services Inc., a provider of AI-powered customer contact center software.
The combined investment of $1.5 billion would value Genesys at around $15 billion, according to a report from Bloomberg, citing people familiar with the negotiations. This collaboration represents an unusual case where competing enterprise software companies are backing the same business.
Comments