Earlier, investors were speculating that the global cloud computing company Salesforce. com will be sold and computer technology corporation Oracle Corporation could be the favorite to pull off the deal. According to the investors, the deal could cost about $50 billion.

The speculation by investors was spurred by a report from Bloomberg. After that, the stock of the company headquartered in San Francisco jumped more than 11%, or about $7.76, and closed at $74.65 on Wednesday. If it happened, the acquisition by Redwood City headquartered Oracle would be the most expensive ever for a software maker. In addition, the acquisition would merge two of Silicon Valley's most colorful characters.

Salesforce. com was founded in 1999 by CEO Marc Benioff. That time, Benioff had left his post of top executive at Oracle. While working at Oracle, Benioff became so close with Larry Ellison, Chief Executive Officer of the software company Oracle. According to reports, Benioff and Ellison used to go on double dates together.

Due to his closeness with Benioff, Ellison put about $2 million to become one of Salesforce's initial investors. Later on, he was expelled from the board of the company when Benioff came to know that his former boss was working on a competing product.

According to a person familiar with Salesforce's acquisition, an unnamed company had tried to approach Salesforce about a possible takeover. Bloomberg News reported that the inquiry forced Salesforce to employ advisers to think about other possible offers.

FBR Capital Markets analyst Daniel Ives said, "Oracle is the most logical buyer for Salesforce. Ultimately, we view this more as Oracle trying to make a bold, decisive move to stake its claim in the cloud before it falls even farther behind."