Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

CRM Continues Acquisition Binge with Fifteenth Acquisition since Aug-08

|Includes:, Inc. (CRM)

On 15-Dec-11, (NYSE: CRM) announced that it had entered into a definitive agreement to acquire Rypple for an undisclosed sum. This transaction will be at least the 15th acquisition CRM has made since Aug-08. It stands out that a company having essentially no significant acquisition activity appears to have gone on an acquisition spree of over a dozen transactions.

Since Aug-08, the company has completed at least 14 acquisitions for $911 million. At least 13 of these occurred in the period spanning FY10 through 9M12 and represented $879 million of the consideration spent. Prior to Aug-08, CRM had not made any acquisitions since Apr-06.

Here is CRM's press release on the Rypple acquisition.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.