Tableau Software, Pegasystems, ServiceNow up notably following release of Salesforce M&A target presentation

|About: Tableau Software (DATA)|By:, SA News Editor

See: WSJ gets hands on list of Salesforce M&A targets

Recent management shifts at Tableau Software (NYSE:DATA), labeled with an "In Play" status in the obtained Salesforce target review, are speculated at Stifel to have signaled an effort by the company to remain independent amid revenue deceleration and lowered valuation, making it a more attractive target to a potential acquirer. Tableau Software shares are up by 6% today. N.B. Demandware, acquired by Salesforce in June, is also labeled "In Play" on the document.

Pegasystems (NASDAQ:PEGA), though sharply up 5.3% subsequent inclusion in the list, stated it had not participated in any talks with Salesforce relating to an acquisition.

ServiceNow (NYSE:NOW), up 4.4%, has offered no comment on the development.

Other public names mentioned – Adobe, Workday NetSuite, Veeva Systems, Box, Zendesk, HubSpot