![]() Acquiring Slack allows Salesforce to build a more robust ecosystem of software tools to compel potential customers. And of course, Microsoft competes against Salesforce’s cloud business as well. Then came the Slack deal, which closed in July. The move will likely help Slack further develop its presence in enterprise markets, an area in which Microsoft Teams had something of an advantage due to the company’s wealth of other products. Last year, Salesforce ponied up 15.7 billion in an all-stock deal to buy data analytics firm Tableau Software. The companies say that Slack will be “deeply integrated into every Salesforce Cloud” and become “the new interface for Salesforce Customer 360.” ![]() With people staying home during the coronavirus pandemic remote work and cloud tools like Slack and Salesforce have become increasingly important. Personally, I believe this is the most strategic combination in the history of software, and I can’t wait to get going.” “As software plays a more and more critical role in the performance of every organization, we share a vision of reduced complexity, increased power and flexibility, and ultimately a greater degree of alignment and organizational agility. Meanwhile, Slack CEO Stewart Butterfield added: 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. In the announcement post, Salesforce CEO Marc Benioff says: ![]() It’s Salesforce’s biggest purchase ever, and a shot in the arm for Slack, which has been facing increasing competition from platforms like Microsoft Teams and Google Chat. In one of the most notable tech acquisitions of recent years, Salesforce will buy Slack for approximately $27.7 billion.
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