GettyTableau Software (DATA) had a bit of a rocky road to get to today’s acquisition by Salesforce (CRM) for $15.7 billion in stock. Back in 2016, Tableau was going through a tough time, fighting increased competition from smaller upstarts trying to use price as a weapon as well as much larger rival Microsoft. In one trading session in February 2016, Tableau shares lost nearly half their value after the company was forced to issue downside revenue guidance for the year. After delivering 2015 revenue growth of 58%, the company’s top-line growth rate in 2016 slowed considerably to 27%. As the subscription mix expanded, Tableau saw improved visibility.

Source: Forbes June 10, 2019 23:03 UTC