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Salesforce Makes a deal of $27.7B for Slack acquisition.

Salesforce and Slack have joined forces to create the Slack-First Customer 360
Now it’s easier than ever to connect customers, employees, and partners with the conversations, apps, and data that power digital workflows for an all-new way to work.

“We couldn’t be more excited to have Slack as part of the Salesforce family, combining the #1 CRM and the trailblazing digital platform for the work anywhere world,” said Marc Benioff, Chair and CEO of Salesforce.

“We have a once-in-a-generation opportunity to rethink and reshape how and where we work,” said Stewart Butterfield, Slack CEO and Co-Founder. “Salesforce and Slack are uniquely positioned to lead this historic shift to a digital-first world. I could not be more excited for what’s to come.”

Slack will continue to operate under the Slack brand, driving forward a continued focus on its mission, customers, and community. Slack will continue to be led by CEO and Co-Founder Stewart Butterfield.

Slack had 169,000 paid customers as of the end of April 2021 and generated $273.4 million in revenue in the three months ended April 30, 2021. The company has 2,597 employees.

Salesforce stock was up a modest .85 percent to $242.16 early Wednesday afternoon.

On Tuesday, August 17, 10:00 a.m. PT/1:00 p.m. ET/6:00 p.m. BST, Salesforce President and COO Bret Taylor and Slack CEO and Co-Founder Stewart Butterfield will host an event to share more about how the two companies are creating a powerful platform for the digital-first, work anywhere the world.

What do you think?

Ravi Tilekar

Written by Ravi Tilekar

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