March 20 (UPI) -- Cloud computing company Salesforce announced an agreement Tuesday to acquire software company MuleSoft in a $6.5 billion merger.
Salesforce will pay $44.89 per share for MuleSoft, a 36 precent premium over MuleSoft's closing share price on Monday, and each Mulesoft share will equal $36 in cash and 0.0711 shares of Salesforce common stock.