This brief reports what Salesforce's 8-K earnings release, filed 2024-09-05, states, and nothing else. Every item below is a sentence the filing contains, quoted exactly and verified character-for-character against the document fetched from EDGAR. No inference is drawn and no claim is made about what any figure means.
The figures
| Metric | Value | Period |
|---|---|---|
| Salesforce's acquisition of Own | $1.9 billion | N/A |
Every figure above is quoted from the filing; the sentence it was read from appears under its beat below.
The evidence, by beat
competitive displacement / win-loss / platform consolidation
Salesforce will acquire Own for approximately $1.9 billion in cash, net of the value of the approximately 10% of outstanding shares currently owned by Salesforce, subject to customary purchase price adjustments.
Own has grown beyond its initial backup and recovery offerings, and today is trusted by nearly 7,000 customers to safeguard mission-critical data.
The Own Data Platform provides data archiving, seeding, security, and analytics capabilities that help customers ensure the availability, compliance, and security of their mission-critical SaaS data.
The acquisition comes at a time when customers are increasingly focused on mitigating data loss due to system failures, human error, and cyberattacks.
The advent of AI has made customers even more aware of the need to protect and manage access to data.
Salesforce aims to accelerate the growth of its Platform Data Security, Privacy, and Compliance products.
Verification ledger
- 7 statements proposed by the extractor
- 6 verified verbatim against the fetched filing (86%)
- 1 discarded — not quotable character-for-character
The verbatim check contains no model: the extractor proposes a statement, and a deterministic substring match against the fetched text decides whether it is admissible. A proposal that does not verify is dropped.
This brief publishes no inference and no synthesis. The publication's inference layer must clear a measured second-lab confirmation threshold before it may appear; it has not, so it is absent by rule rather than by omission.