Sanford Bernstein's Mark Moerdler says growth at Salesforce.com (CRM -4.3%) is slowing, and the...

|By:, SA News Editor

Sanford Bernstein's Mark Moerdler says growth at Salesforce.com (CRM -4.3%) is slowing, and the hosted software vendor is relying on acquisitions to mask the situation. Moerdler concludes that growth in CRM’s traditional “customer relationship management" business slowed to 22% in 1H 2011 vs. 40% in the prior-year period.