Salesforce Dismisses Big Cloud Deal Rumors with Tech Titans, Sticks with Google

Salesforce CRM has dismissed rumors of a big cloud deal with tech titans like Microsoft MSFT , Alphabet’s GOOGL Google, and Oracle ORCL, calling them unfounded. The company clarified its stance after reports claimed Salesforce was working on a cloud deal worth over $1 billion. Meanwhile, the company stated that instead of expanding to a new provider, it has chosen to strengthen its partnership with Google. CRM stock is down nearly 5% year-to-date, largely impacted by the COO’s departure earlier this month.

https://www.tipranks.com/news/salesforce-shuts-down-rumors-of-a-big-cloud-deal-with-tech-titans-sticks-with-google