Salesforce closes $27.7 billion purchase of Slack

Stefan Mileschin · 23rd July 2021, 06:44

Big bet on collaboration platforms

Salesforce closed its $27.7 billion purchase of Slack Technologies which is its huge bet on the office collaboration trend.

US antitrust regulators cleared the deal this week, allowing the creation of a stronger challenger to Microsoft's Teams app which is fighting with Slack for market dominance.

Salesforce President Bret Taylor and Slack Chief Executive Stewart Butterfield said in an interview they also want to reduce the complexity of using hundreds of different cloud-based apps that have crept into workplaces.

A Slack "channel" can be created to replace all the emails, phone calls and video conferences that might otherwise occur between a sales team doing a deal with a procurement team at another company. Thousands of apps work with Slack, so documents from third-party platforms like Google Drive can be signed in the channel with services like DocuSign I, Taylor said.

https://fudzilla.com/news/53267-sale...chase-of-slack

23rd July 2021, 06:44	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,618	Salesforce closes $27.7 billion purchase of Slack Big bet on collaboration platforms Salesforce closed its $27.7 billion purchase of Slack Technologies which is its huge bet on the office collaboration trend. US antitrust regulators cleared the deal this week, allowing the creation of a stronger challenger to Microsoft's Teams app which is fighting with Slack for market dominance. Salesforce President Bret Taylor and Slack Chief Executive Stewart Butterfield said in an interview they also want to reduce the complexity of using hundreds of different cloud-based apps that have crept into workplaces. A Slack "channel" can be created to replace all the emails, phone calls and video conferences that might otherwise occur between a sales team doing a deal with a procurement team at another company. Thousands of apps work with Slack, so documents from third-party platforms like Google Drive can be signed in the channel with services like DocuSign I, Taylor said. https://fudzilla.com/news/53267-sale...chase-of-slack

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