The company (NYSE: CRM) is rumored to be in talks with IBM (NYSE: IBM), Oracle (NYSE: ORCL) and Google (NASDAQ: GOOG) regarding a potential acquisition for an undisclosed amount on April 30, 2015. Previously the company raised $110 million in its initial public offering on the NYSE stock exchange under the ticker symbol of CRM on June 22, 2004. A total of 10,000,000 shares were sold at $11 per share. After the offering, there was a total of 101,256,880 outstanding shares (excluding the over-allotment option) priced at $11 per share, valuing the company at $1.1 billion. The total proceeds, before expenses, to the company was $102.3 million.