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Salesforce acquires DimDim

DimDim

Salesforce, the enterprise cloud computing company, today announced it has completed its acquisition of Dimdim, a web conferencing and meeting tools provider for approximately $31 million in cash.

Acquisition will extend salesforce.com’s Chatter collaboration platform with critical real-time communication technologies It follows the proven Facebook model of combining real-time collaboration and communication into a single integrated service. Enables salesforce.com to build on momentum of 60,000 Chatter customers, accelerating the industry shift to Cloud 2.

By offering an integrated collaboration and communication platform, the company believes it will drive greater Chatter adoption, increase customer loyalty and differentiate its entire product portfolio.

DimDim is a hyderabad based startup founded by D.D. Ganguly and Prakash Khot in 2007. Dimdim has created critical real-time communication technologies such as presence, messaging and screen sharing. Dimdim is financially backed by Index Ventures, Nexus Venture Partners and Draper Richards ,they must be making a handsome exit with in 3 years.

Dimdim provided hosted meetings, similar to Citrix’s GotoMeeting. Free meetings were made available for up to ten users. Professional meetings with collaboration tools for up to 50 users were also made available for US$25 per month, and webinar hosting for up to 100 users or 1,000 event attendees was available for US$75 per month.

I have been a big fan of DimDim and have used their premium account earlier and currently was on free plan, sad to find it will remain active till March 15.2011.

-Hitesh, vcBytes.com