Salesforce has acquired Slack for $27.7bn

CIOReviewIndia Team | Wednesday, 02 December 2020, 04:14 IST

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Salesforce has acquired Slack for $27.7bn

Cloud software firm Salesforce has announced to acquire Microsoft Teams rival and enterprise chat platform Slack for $27.7 billion in one of its biggest deals. If we talk about Salesforce, the company has been a market leader when it concerns the CRM market.

 

This acquisition will help the video conferencing app cement its position in the remote working era as Slack hasn't seen a meteoric rise as video meetings surge during the pandemic unlike Zoom, Microsoft Teams and Google Meet. 

"This is a match made in heaven. 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," said Marc Benioff, Chair and CEO, Salesforce.

As software plays a more and more critical role in the performance of every organisation, "We share a vision of reduced complexity, increased power and flexibility, and ultimately a greater degree of alignment and organisational agility," he elaborated.

Not just among Salesforce customers, but for any company undergoing digital transformation,  Slack will be able to expand its presence in the enterprise.

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