For more information about m (nyse: crm visit:. Any unreleased services or features referenced in essay this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase m applications should make their purchase decisions based upon features that are currently available. M has headquarters in San Francisco, with offices in Europe and Asia, and trades on the new York Stock Exchange under the ticker symbol crm. For more information please visit m, or call 1-800-no-software. Forward-looking Statements, this document contains forward-looking statements with respect to the tender offer and related transactions and the effect on operating margins, cash flows and growth, expectations with respect to synergies and cost savings, the closing of the tender offer and related transactions and the. When used in this press release, the words "can "will "intends "expects "is expected similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Such statements are based on a number of assumptions that could ultimately prove inaccurate, and are subject to a number of risk factors, including the inability to achieve anticipated synergies, cost reductions or operating efficiencies without unduly disrupting business operations, unexpected costs associated with,.
A live audiocast of the event will be available on business the m Investor Relations website at m/investor and ExactTargets website at a replay will be available at or passcode 89103168, until midnight (ET) July 4, 2013. Predicts 2013: Digital Marketing Imperatives for Consumer Technology Providers, december 2012 *Gartner, Inc. High-Tech tuesday webinar: Software market Dynamics in emea in 2013 and beyond, October 2012 *Gartner, Inc. Market Snapshot: Customer Relationship Management, worldwide, 2012, may 2013 (based on spending). About ExactTarget, exactTarget is a leading global provider of cross-channel digital marketing software-as-a-service solutions that empower organizations of all sizes to communicate with their customers through email, mobile, social media, web and marketing automation. ExactTargets suite of integrated applications enables marketers to plan, automate, deliver and optimize data-driven digital marketing and real-time communications to drive customer engagement, increase sales and improve return on marketing investment. Headquartered in Indianapolis, Indiana with offices in Asia, australia, europe, north America and south America, exactTarget trades on the new York Stock Exchange under the ticker symbol. For more information, visit. About m, salesforce is the worlds largest provider of customer relationship management (CRM) software.
Generally accepted accounting principles. The method used to produce non-gaap financial measures is not computed according to gaap and may differ from the methods used by other companies. Non-gaap financial measures are not meant to be considered in isolation or as a substitute for comparable gaap measures and should be read only in conjunction with the company's consolidated financial statements prepared in accordance with gaap. Bofa merrill Lynch is serving as the financial advisor. Jp morgan is serving as the financial advisor to ExactTarget. Management Conference call m and ExactTarget will host a conference call to discuss this transaction at 8:00. (ET) / 5:00. (PT) on June 4, 2013. A live dial-in is available domestically at and internationally at, passcode m or 89103168.
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This estimate reflects reduced revenue expectations as described above, the companys operating results for the fiscal second quarter and standard integration costs. Based on the above, m is updating its guidance previously reported on may 23, 2013 as follows: Q2 FY14 guidance: Based on an expected late fiscal second quarter close date, this transaction is not expected to have any material impact to ms fiscal second quarter. Non-gaap eps is expected to be in the range.06.07. Full year FY14 guidance: revenue for the companys full fiscal year 2014 is projected to be in the range.955.0 billion, an increase of 30 to 31 year-over-year. Diluted non-gaap eps is expected to be in the range.31.33. Non-gaap eps estimates assume a non-gaap tax rate of approximately. The non-gaap eps calculation assumes an average fully diluted share count of approximately 645 million shares.
These estimates assume a late fiscal second quarter close date, and actual results could differ materially based on the final transaction close date. The company will update full year gaap eps guidance upon completion of purchase accounting after the transaction closes. Non-gaap financial measures: This press release includes information about non-gaap eps, non-gaap tax rates, and constant currency growth rates (collectively the "non-gaap financial measures. Non-gaap eps estimates exclude the impact of the following non-cash items: stock-based compensation, amortization of acquisition-related intangibles, essay and the net amortization of debt discount on the company's convertible senior notes, as well as income tax adjustments. The purpose of the non-gaap tax rate is to quantify the excluded tax adjustments and the tax consequences associated with the above excluded non-cash expense items. These non-gaap financial measures are not measurements of financial performance prepared in accordance with.
Founded in 2000, ExactTarget is a leading cloud marketing platform. The companys solutions enable marketers to integrate customer data from any source to power digital marketing campaigns across multiple channels, all while leveraging sophisticated marketing automation capabilities. More than 6,000 companies around the world, including Coca-cola, gap and nike rely on ExactTargets solutions to drive customer engagement, increase sales and improve return on marketing investments. Details Regarding the Proposed ExactTarget Acquisition. Under the terms of the transaction, m will commence a tender offer to acquire all of the outstanding shares of ExactTarget for.75 per share in cash, subject to customary closing conditions, including the receipt of a majority of ExactTarget shares in the tender offer.
Following the successful completion of the tender offer, ExactTarget shares not tendered in the tender offer will be converted in a second step merger into the right to receive the same.75 per share in cash paid in the tender offer. The transaction is expected to close late in ms fiscal second quarter, ending July 31, 2013. Financial Impact of the Proposed ExactTarget Acquisition. FY14 revenue: The acquisition is expected to increase total revenue by 120 to 125 million. This estimate reflects an approximately 65 to 70 million reduction relating to fair value adjustments to billed deferred revenue and unbilled backlog, adjustments related to the combined customer base, and inter-company revenue elimination. FY14 non-gaap eps: The acquisition is expected to reduce non-gaap eps by approximately.16. This estimate reflects reduced revenue expectations as described above, and standard integration costs and transaction fees expected to be in the range of 40 to 45 million. Q2 FY14 non-gaap eps: The acquisition is expected to reduce fiscal second quarter non-gaap eps by approximately.05.
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The acquisition of paperless ExactTarget will accelerate the growth and leadership of the salesforce marketing Cloud. The combination of ExactTargets industry-leading marketing automation and campaign management capabilities with ms leading social marketing solutions—listening with Radian6, publishing with Buddy media, and advertising with m—will deliver the marketing platform of choice for cmos. Now any company will be able to connect with their customers in entirely new ways across email, social, mobile and the web. Acquisition to Create the market and Technology leader in Marketing. As the global leader in crm, m is number one in sales, service and cloud platforms. And now with the combination of Salesforce and ExactTarget, m will become the leader in marketing. The acquisition gives m industry leading solutions across every major pillar of crm, creating paperless a unique customer platform that enables companies to transform how they connect to their customers throughout every part of the customer lifecycle. For ExactTarget, joining m will accelerate its growth by providing dramatically increased customer and geographic reach and global operational scale. ExactTarget—leading Cloud Marketing Platform for More Than 6,000 Companies.
M customers—including many of the worlds largest and fastest growing organizations—will be able to extend their investments in sales, service and social marketing with access to the industrys most comprehensive marketing automation solution. ExactTargets large and vibrant customer base—including many of the worlds largest consumer brands—will have access to new world-class social marketing capabilities, and will be able to leverage ms leading sales, service and platform solutions to transform their end-to-end customer experience. Comments on the news, the cmo is expected to spend more on technology than the cio by 2017, said Marc Benioff, chairman and ceo,. The addition of ExactTarget makes Salesforce the starting place for every company and puts m three in the pole position to capture this opportunity. ExactTargets mission is to revolutionize how businesses connect with their consumers using data-driven digital marketing across all channels, said Scott Dorsey, exactTarget chairman, chief executive officer and co-founder. Ms tremendous strength in social marketing, along with its leadership position in sales and service, not only will accelerate this vision, but also provide our customers with a powerful, integrated crm platform to transform their end-to-end customer experience. According to gartner, marketing was the fastest growing crm category in 2012, growing at 21 (more than four times the software industry forecast norm in 2012). Gartner is predicting a 21 percent growth through 2017. Salesforce marketing Cloud—The marketing Platform of Choice for cmos.
nyse: et, a leading cloud marketing platform, today announced that they have entered into a definitive agreement under which m will acquire ExactTarget in a transaction valued. Under the terms of the agreement, m will commence a tender offer for all outstanding shares of ExactTarget for.75 per share, in cash. The transaction has been unanimously approved by the boards of Directors of both companies. Ms acquisition of ExactTarget will further its mission of being the worlds leading crm platform—one that enables companies to transform how they connect with their customers across sales, service, and marketing. By combining ExactTargets leading digital marketing capabilities with ms leading sales, service and social marketing solutions, m will create a world-class marketing platform across email, social, mobile and the web. The dramatic increase in consumer and business use of social networks, mobile devices, and new digital technologies is causing a revolution in marketing, as budgets previously spent on traditional media are now moving to digital campaigns. Gartner estimates that by 2015 consumer technology companies will have switched one-third of their traditional marketing budgets to digital and cmos will outspend cios on information technology by 2017. The combination of ExactTarget and m will increase the value proposition that customers of both companies will receive.
Ann14074 — annonce, eso exhibition a window to the Universe reopened in Antofagasta : On, after several months of renovation work, fernando comerón, eso representative in Chile, and paula baltra, general Manager of Fundación ruinas de huanchaca reopened the exhibition a window to the Universe. It is one of five permanent exhibitions installed at the museum ruinas de huanchaca 1, in the city of Antofagasta, chile. The event was held in the auditorium of the museum, and was attended by several local authorities and representatives from different communities of Antofagasta. This space, designed and donated by eso as a contribution to the region of Antofagasta in 2009, has been updated with new graphics, images and information about the biggest eso projects, including the Atacama large millimeter/submillimeter Array (alma) and the european Extremely large telescope. From now on, visitors will see 12 gigantic panels, as well as videos and interactive displays showing the history of the Universe. These start from the origins. The combination of ExactTarget with Salesforce will create the market and technology leader in marketing.pdf
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