Salesforce, Inc. (NYSE: CRM) shares are trading higher on Tuesday. The company inked several partnerships and introduced a major launch.
Salesforce launched the Agentforce Partner Network, which is the world's first agent ecosystem.
This open platform allows Agentforce to handle complex tasks by connecting actions across Salesforce and a wide network of third-party systems and agents.
Salesforce expanded its partnership with Google Cloud (NASDAQ: GOOG) (NASDAQ: GOOGL) to create Salesforce Agentforce Agents that will enable secure collaboration across Salesforce Customer 360 and Google Workspace apps.
Building on existing integrations, this allows customers to deploy autonomous agents that seamlessly operate within their daily apps, supported by the strong privacy and data protections of both platforms.
Apart from this, Salesforce disclosed its expanded partnership with luxury fashion retailer Saks Fifth Avenue to enhance its shopping experience using the Salesforce Platform.
This collaboration will provide Saks with deeper insights into customer preferences, enabling more personalized service, increased loyalty, and a reimagined retail experience.
This month, the company disclosed that it has signed a definitive agreement to acquire Own Company for around $1.9 billion in cash.
Investors can gain exposure to the stock via REX FANG & Innovation Equity Premium Income ETF (NASDAQ: FEPI) and IShares Expanded Tech-Software Sector ETF (NYSE: IGV).
Price Action: CRM shares are up 0.45% at $258.08 at the last check Tuesday.