Salesforce.com Acquires Rypple

December 18, 2011 – Salesforce.com, the enterprise cloud computing company, has entered into a definitive agreement to acquire Rypple, a cloud-based social performance management company. The acquisition signifies salesforce.com's entry into the human capital management (HCM) market for the social enterprise. Salesforce.com plans to re-launch Rypple as Successforce and create a new HCM business unit, which will be run by John Wookey. The transaction is expected to close in salesforce.com's fiscal first quarter ending April 30, 2012, subject to customary closing conditions. “Our social enterprise strategy continues to accelerate, and is at the root of the broad-based transformation and innovation we are seeing from customers today,” said Mr. Wookey, executive vice president, advanced applications, salesforce.com. “With the launch of Successforce, salesforce.com plans to revolutionize HCM starting with an exciting social performance management app that will delight millions of employees around the world.”

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