Slack acquired by Salesforce for about 2.89 trillion yen



Salesforce , a provider of cloud-based customer relationship management (CRM) solution services, has acquired Slack , a team communication tool, for $ 27.7 billion.

Salesforce --Salesforce Signs Definitive Agreement to Acquire Slack
https://investor.salesforce.com/press-releases/press-release-details/2020/Salesforce-Signs-Definitive-Agreement-to-Acquire-Slack/default.aspx



Salesforce is acquiring workplace chat app Slack for $ 27.7 billion --The Verge
https://www.theverge.com/2020/12/1/21719666/salesforce-slack-acquisition-purchase-announced

Slack was founded in 2009 by Stuart Butterfield , co-founder of image-sharing service Flickr, and initially developed an MMORPG under the company name 'Tiny Speck.' The game service ended in about a year, and then the communication tool 'Slack' was released. In August 2014, the company name was changed to 'Slack Technologies'. The number of daily active users of Slack has exceeded 12 million as of October 2019, and the market value of the company is estimated to be 25 billion dollars (about 2.6 trillion yen). Initially provided as a communication tool, Slack has become a 'complete office suite with all the features' that large companies offer by implementing video conferencing, file hosting, IT management, and more. growth. As a result, Slack will expand its partnership with IBM in early 2020 and will be deployed to more than 350,000 employees.

However, Slack faces competition from large companies that have launched productivity platforms such as Microsoft and Facebook. Slack was listed in April 2019, but its market value has halved due to the slowdown in sales growth. And despite the great opportunity for remote work to surge due to the pandemic of the new coronavirus, Slack hasn't made a profit in the last three quarters. The rumors of an acquisition of Slack have spread as a result of the lack of a clear path for Slack to make money and the growing demand for competing services such as Microsoft Team.



And on December 1, 2020, Salesforce announced that it had acquired Slack. With this acquisition, Slack shareholders will receive $ 26.79 in cash per share and 0.0776 shares of Salesforce shares. As of November 30, 2020, Salesforce's share price equivalent is $ 27.7 billion in Slack's acquisition.

By combining Salesforce Customer 360, the CRM solution we have provided so far, with Slack, the most innovative communication tool for enterprises, Salesforce says, 'Create an OS to realize new ways of working.'

Salesforce founder Marc Benioff said, 'Stewart (the founder of Slack) and his team have built and around one of the most beloved platforms in the history of enterprise software. We have a great ecosystem. ”“ Salesforce and Slack will shape the future of enterprise software and transform the way everyone works in a world where you can work from anywhere, all digitally. We're excited to welcome Slack to Salesforce Ohana as soon as possible. '

“Software is playing an increasingly important role in the performance of all organizations, so we reduce the complexity, power and flexibility of the tools we offer,” said Butterfield of Slack. We share with Salesforce our vision of enhancing, ultimately achieving a higher degree of coordination and organizational agility. I personally believe this is the most strategic combination in software history, and together. I can't wait to work. '

According to overseas media The Verge, Salesforce's acquisition of Slack will be the largest acquisition in the business software industry.

in Software, Posted by logu_ii