It should also be noted that Salesforce has seen a huge surge in its market valuation over the past few months with companies and businesses moving to work remotely. Messaging service Slack was facing fierce competition from Microsoft in regard to its office chat and productivity platforms, whereas Salesforce was competing with the multinational technology company in the cloud sector. With the latest Slack acquisition deal, Salesforce will be able to offer businesses and clients a unified platform which will allow them to easily connect their customers and employees.Īlso Read | PS5 Restock: Inventory From Major Retailers PlayStation Direct Queueįor Slack, the acquisition comes as it lost a major part of its market value and struggled to remain a profitable company despite the switch to remote working during the coronavirus pandemic. Salesforce, on the other hand, continues to be one of the biggest software service providers internationally. The acquisition will allow both Slack and Salesforce to take on Microsoft. Slack will become an operating unit of Salesforce and be led by CEO Stewart Butterfield Salesforce’s deal to buy Slack is expected to be announced Tuesday after markets close, sources told CNBC’s.
#SALESFORCE BUYS SLACK FREE#
The app offers both free and paid versions to users and provides various tools and integrations.Īlso Read | Microsoft Teams News: Is MS Teams No Longer Compatible With Internet Explorer 11? Slack has gained huge popularity within the tech community since its release.
#SALESFORCE BUYS SLACK SOFTWARE#
The company's acquisition of interactive data visualization software company Tableau Software now becomes its second-largest deal which was valued at $15.7 billion. This is Salesforce's biggest purchase ever and it will allow the company to build on its current success. The technology giant has now agreed to acquire workplace messaging platform Slack in a massive $27.7 billion. agreed to buy messaging company Slack Technologies in a 27.7 billion deal that shows how the biggest players in cloud computing are racing to add muscle amid the pandemic’s. Their software services give them a huge advantage in international markets and the company continues to grow at a huge pace by recognising and bridging the gaps in its native portfolio. To further its reach and expand on its AI capabilities, Salesforce has made numerous acquisitions over the years, across a diverse range.Īlso Read | New Nokia Laptops Could Be Launched In India, Reveals BIS Website Salesforce buys Slack in its biggest acquisition ever Cloud software company Salesforce is in talks to buy Slack, the work messaging app, in what would be one of the biggest software transactions to date, according to people familiar with the matter. Salesforce is one of the top cloud platform providers that offers customer relationship management, marketing automation and other software services to customers globally.
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