Salesforce.com Signs Definitive Agreement to Acquire Radian6 for $326M

Salesforce.com CRM today announced it has entered into a definitive agreement to acquire Radian6 for approximately $276 million in cash and $50 million in stock, net of cash acquired. The transaction is expected to be completed in salesforce.com's fiscal second quarter ending July 31, 2011, subject to customary closing conditions.