Salesforce to Acquire Defense Tech Startup Rune for $375 Million
Salesforce has reached an agreement to acquire Rune Technologies, a defense technology startup, for $375 million in a combination of cash and stock. Rune specializes in AI-driven software designed to assist the U.S. military with predictive supply chain management and field logistics. This acquisition is intended to bolster Salesforce's Missionforce business unit, which serves national security and defense agencies. The move follows significant growth for Missionforce, which reported an 80% year-over-year increase driven by a $5.6 billion contract with the U.S. Army. By integrating Rune’s capabilities, Salesforce aims to expand its footprint from administrative planning into real-time battlefield operations. This deal is part of a broader acquisition trend for Salesforce this year, which includes high-profile purchases such as Fin and Qualified.
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Topics: defense tech Enterprise AI Mergers and Acquisitions Military Logistics