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Salesforce Acquires Ruby Cloud Vendor Heroku for $212 Million

Dec 08, 2010, 19:32 (0 Talkback[s])
(Other stories by Sean Michael Kerner)

"The open source Ruby language is getting a big enterprise boost today with the proposed acquisition of Ruby cloud vendor Heroku by (NYSE: CRM) for $212 million in cash. The deal is set to close in's fiscal fourth quarter ending Jan. 31, 2011.

"With the acquisition of Heroku, Salesforce will be adding to its cloud platform as a service offering, a new language to complement its existing Java based VMforce cloud service. The move is a big endorsement for the open source Ruby language, which helps power popular Web services such as Groupon and Twitter. The acquisition of Heroku comes just a day after announced its new service."

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