Salesforce picks up Radian6 for US$326M

Salesforce.com on Wednesday said it acquired Radian6, a social media monitoring service, for US$326 million in cash and stock. 

The deal, which is expected to close in the quarter ending Jul. 31, gives Salesforce technology to monitor, track and analyze social media across properties like Facebook, LinkedIn, Twitter, YouTube and other sites. Radian6, which counts GE, Dell and UPS as customers, will bolster the technologies included in Chatter and other Salesforce properties.

Radian6 will fall under Salesforce's CRM (customer relationship management) unit.

Read more of "Salesforce buys Radian6 for $326 million, enters social media monitoring" at ZDNet.