Salesforce (CRM) - Get salesforce.com, inc. Report bought Tableau (DATA) - Get Tableau Software, Inc. Class A Report , a maker of data analytics and visualization software, in an all-stock deal with $15.7 billion.
Here are a few things to know about the deal.
The multibillion deal is the biggest in the history of Salesforce, and more than double the size of its $6.5 billion acquisition of Mulesoft last year.
It's set to close in the third quarter -- and for Salesforce, the deal will add $350 million to $400 million to their revenue for fiscal 2020.
Salesforce lowered its profit forecast for 2020 owing to the deal, but on a call, CEO Marc Benioff reiterated its commitment to boosting those profits over time.