What happened Shares of Datadog (NASDAQ: DDOG) have popped today, up by 10% as of 1:15 p.m. EDT, following speculation that salesforce.com (NYSE: CRM) is trying to acquire the company. Rumors suggest that Salesforce made an all-stock offer to purchase Datadog in a deal valued over $20 billion. So what The unconfirmed rumors have credibility for a number of reasons. Datadog's market cap is currently around $25 billion, so any potential acquisition would be worth over $20 billion. At the same time, Salesforce is extremely acquisitive, having scooped up 63 other companies throughout its history, according to Crunchbase. Image source: Getty Images. More specifically, Salesforce has been seeking to boost its analytics abilities with other deals, such as last year's $15.7 billion acquisition of Tableau. If the customer relationship management (CRM) tech giant does attempt to acquire Datadog, it would be its largest purchase to date (Tableau is currently Salesforce's biggest buy so far). Networking behemoth Cisco reportedly tried to buy Datadog for $7 billion last year prior to its IPO. Now what Salesforce has been scooping up all sorts of tech companies in recent years, oftentimes in all-stock transactions that allow it to capitalize on its lofty valuation without having to use cash. Companies that trade at premium valuations -- Salesforce is trading at around 10 times sales despite its size -- can get a lot of bang for their buck by using stock as currency. Acquisitions related to analytics would bolster the company's Einstein Analytics offerings, which specialize in business intelligence. 10 stocks we like better than DatadogWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Datadog wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of August 1, 2020 Evan Niu, CFA owns shares of Salesforce.com. The Motley Fool owns shares of and recommends Datadog and Salesforce.com. The Motley Fool has a disclosure policy.Source