November 15, 2007 / 10:31 PM / 10 years ago

Salesforce.com signs Citigroup deal

SAN FRANCISCO (Reuters) - Salesforce.com Inc has signed its largest contract ever to provide its Web-based sales and marketing software for use by 30,000 Citigroup office workers, its top executive said on Thursday.

Chairman and Chief Executive Marc Benioff told investors on a quarterly conference call that the widely anticipated deal represents the fifth customer to buy licenses for more than 25,000 users.

In addition to Citigroup Inc, other top customers include Merrill Lynch & Co Inc, Japan Post, Dell Inc and Cisco Systems Inc. Japan Post already counts 60,000 users, he noted.

“We believe this is the largest and most important CRM agreement of 2007, and our largest deal ever,” he said of the Citigroup deal. CRM is the ticker symbol of Salesforce and the acronym for its class of customer relationship management software.

Reporting by Eric Auchard in San Francisco; Editing by Jeffrey Benkoe

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