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Quip

Acquired by Salesforce

Collaborative workspace combining documents, spreadsheets, and chat for real-time team productivity

Valuation

$750.00M

2016

Funding

$64.32M

2024

Details

Headquarters

San Francisco, United States

Website

quip.com

Milestones

FOUNDING YEAR

2012

ACQUIRED

August 2016

Reports

Research and interviews about Quip.

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News

The latest coverage and announcements from Quip.

Filings

Company documents and regulatory filings for Quip.

Name	Type	Filed At	Actions
No filings found.

Date	Event	Valuation	Amount	Price	Status
Aug 2016	Acquired by Salesforce Sources Salesforce Buys Word Processing App Quip For 750m techcrunch.com "We understand from two sources very close to the deal that the total price is $750 million." Salesforce quip.com "Update (August 26, 2016): I’m excited to announce that Salesforce has closed its acquisition of Quip! We’re thrilled to be a part of the Salesforce family." Quartz sec.gov "On July 30, 2016, the Company entered into an Agreement and Plan of Reorganization (the “Merger Agreement”) to acquire Quip. ... Following the acquisition, Quip will be a wholly owned subsidiary of the Company. Under the terms of the Merger Agreement, upon consummation of the acquisition, the Company expects to issue shares of Company common stock in exchange for all of the outstanding shares of Quip capital stock with an aggregate value of approximately $582 million not including consideration attributable to Salesforce Ventures’ existing investment in Quip, subject to customary purchase price adjustments."	$750.0M	—	—	Closed
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