Salesforce's US$582m giggle: It buys cloud collaboration biz Quip Salesforce has decided there's money in boring stuff: it's bought into office productivity with the acquisition of document/spreadsheet collaboration outfit Quip. That purchase means the cloudy CRM vendor is trying a move that's failed many times before, namely trying to find a profitable niche for a Microsoft Office …
It's more likely they are going to embed the editing and creation functionality inside Salesforce - alleviating the need to download contracts or agreements, open them in word, edit them and reupload them.
Instead they will be looking to offer all the normal functions right within a web interface. Of course, they could have done this much more cheaply and easily, so there may be other embedded functionality they were looking to purchase - maybe an indexing function or redlining capability, both of which are useful in the CRM space.
Next they can fix their shitty file storage functionality, and their basic, broken CMS integrations.
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