Acquires Online Conferencing Company DimDim For $31 Million

Posted Jan 6, 2011, Inc. (NYSE:CRM) has announced that they have acquired DimDim, a web conferencing company. paid $31 million in cash for the company. DimDim previously raised $9 million in venture capital funding. To use DimDim, you do not need to install any desktop software.

Users can share documents, share a whiteboard, and video/phone conference through DimDim. plans to roll DimDim into their own web based collaboration software. Salesforce is even considering rolling DimDim technology into their existing service called Chatter.