Salesforce Acquires Slack for $27 Billion

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Enterprise software program big Salesforce has bought the office app Slack for $27.7 billion, making it one of many largest tech mergers in recent times. Salesforce government Marc Benioff is asking this acquisition a “match made in heaven”.

Benioff mentioned that he had been pushing to develop the corporate’s software program choices and compete in opposition to tech giants reminiscent of Microsoft.

The acquisition comes at a time the place the pandemic has brought on a surge in make money working from home services and apps reminiscent of Slack which make it simpler to collaborate whereas working remotely. For this reason tech analyst Dan Ives of Wedbush Securities referred to as this a “now or by no means” buy for Salesforce.

Following the announcement, he wrote to the buyers saying:

If Salesforce needs to develop past its core gold mine of gross sales and advertising departments … this was the second and thus represents a serious shot throughout the bow in opposition to Microsoft.

Microsoft tried to amass Slack 4 years in the past, however that deal by no means kicked off and Microsoft as an alternative targeted on creating its personal office platform. Consequently, Microsoft Groups was created as a direct rival to Slack and the 2 apps have been contesting one another ever since.



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