Salesforce acquires SteelBrick for $360 Million

CRM giant Salesforce is working to fortify the quoting and billing functions of its software platform. To do so, the customer CRM company just bought SteelBrick.

Financial terms of Salesforce’s acquisition of the six-year-old startup were not disclosed in the announcement. But the technology giant’s regulatory filing reveals the deal is worth $360 million. That’s about half of the rumored price on the street. Salesforce could not immediately be reached for comment.

Read more about it here.