GemiFinance
Business

Co-founder of Salesforce buys Time magazine for $190 million

WASHINGTON – Time Magazine is being sold by Meredith Corp. to Marc Benioff, a co-founder of Salesforce, and his wife, it had been announced Sunday.

Meredith announced it’s selling Time magazine for $190 million in cash to Benioff, one of four co-founders of Salesforce, a cloud computing pioneer.

Meredith had completed buying of Time along with other publications of the time Inc. captured.

 
The article you requested is no longer on BostonHerald.com.
 
» Click here to watch this content inside the Associated Press’ archive.

Related posts

Markets Right Now: Stocks mostly lower as tech companies dip

admin

Amazon has patented something that would put workers within a cage, together with a robotic

admin

US trade deficit widened to $50.1 billion in July

admin

Leave a Comment

Skip to toolbar