5/12/2023 0 Comments Salesforce buy slackIt also marks a new development in an ongoing feud with Microsoft, which has been competing with Slack using the Teams app included in Office 365. Further, it provides Salesforce with the ability to integrate Slack with its Customer 360 product, creating new avenues for sales and marketing with Slack’s expanding customer base. News that a potential purchasing agreement could be struck between the two companies emerged days ago, though details of the deal were not known until this week.Īside from being the largest purchase Salesforce has ever made, the deal also represents a significant merger in the tech field as a whole, comparable with Microsoft’s $27 billion purchase of LinkedIn in 2016 and exceeded only by IBM’s $34 billion acquisition of Red Hat in 2018. Stewart Butterfield, co-founder and CEO of Slack, also welcomed the acquisition: “Personally, I believe this is the most strategic combination in the history of software, and I can’t wait to get going.” “I’m thrilled to welcome Slack to the Salesforce Ohana once the transaction closes.” “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,” he said in a statement. Marc Benioff, CEO of Salesforce, hailed the deal as a “match made in heaven.” Business software producer Salesforce.cmo agreed on Tuesday to purchase work-focused chat service Slack for $27.7 billion in one of the biggest tech mergers in recent years.
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