(Bloomberg News) -- Microsoft Corp. is evaluating a bid for Salesforce.com Inc., after the cloud software provider was approached by another would-be buyer, people with knowledge of the matter said.

Salesforce, which has a market value of almost $50 billion, is working with two investment banks to determine a response to approaches, two of the people said. The San Francisco-based company’s options could include rebuffing any buyer, or working out a sale, people with knowledge of the matter told Bloomberg last week.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access