It reportedly was considering purchases of LinkedIn and Twitter at one time, and in 2016 it acquired Quip to allow social sharing of documents. Salesforce has dabbled in the social collaboration space before. The deal puts Salesforce in a better position to compete with Microsoft, whose Teams product is Slack biggest rival. Personally, I believe this is the most strategic combination in the history of software, and I can't wait to get going." "As software plays a more and more critical role in the performance of every organization, we share a vision of reduced complexity, increased power and flexibility, and ultimately a greater degree of alignment and organizational agility. The opportunity we see together is massive" said Stewart Butterfield, Slack's CEO and co-founder, in a statement. "Salesforce started the cloud revolution, and two decades later, we are still tapping into all the possibilities it offers to transform the way we work. "Together, Salesforce and Slack will shape the future of enterprise software and transform the way everyone works in the all-digital, work-from-anywhere world." "This is a match made in heaven," said Marc Benioff, chairman and CEO of Salesforce, in a statement. Slack's open platform seamlessly integrates with more than 2,400 business applications. Slack also will be deeply integrated into every Salesforce Cloud.
With the acquisition, Slack will become the interface for Salesforce's Customer 360 platform, transforming how people communicate, collaborate, and take action on customer information across Salesforce and from all of their other business apps and systems. It is Salesforce's biggest acquisition to date. Salesforce Acquires Slack for Nearly $28 BillionĪfter about a week of speculation that a deal was in the works, Salesforce today made it official, announcing its acquisition of business communications technology provider Slack Technologies for $27.7 billion.
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