Business Context and Reporting Period
This Form 8-K Current Report was filed by Salesforce.com, Inc. on November 12, 2005. The report discloses the entry into a material definitive agreement with Equinix, Inc., which became effective for the Company's operations on the filing date.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a contractual agreement rather than financial performance results.
Material Changes and Agreements
- Agreement Type: Master Service Agreement with Equinix, Inc.
- Effective Date: The agreement was dated May 17, 2005, but became material to the Company on November 12, 2005, when customer service operations began at an Equinix facility.
- Services Provided: Leased space, power, and Internet connectivity in secure Web hosting facilities.
- Term: The initial term expires on December 31, 2006.
- Confidentiality: The Company plans to seek confidential treatment for certain business terms of the agreement.
Outlook, Risks, and Management Commentary
Management commentary is limited to the operational significance of the agreement, noting that the Company began serving customers from the Equinix facility on the report date. No specific financial guidance, risk factors, or contingencies are detailed in this filing text.
Key Facts for Investor Verification
- Verify the specific financial terms of the Master Service Agreement, which are subject to confidential treatment and will be filed as an exhibit to the Form 10-K.
- Confirm the operational impact of migrating customer services to Equinix facilities on service reliability and costs.
- Review the expiration date of the initial term (December 31, 2006) to assess future renewal or transition risks.