1/17/2024 0 Comments Salesforce acquires slack![]() The events of this year have greatly accelerated the move by companies and governments to an all-digital world, where work happens wherever people are-whether they’re in the office, at home or somewhere in between. Personally, I believe this is the most strategic combination in the history of software, and I can’t wait to get going.”Īcquisition to Create the Operating System for the New Way to Work “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. The opportunity we see together is massive,” said Stewart Butterfield, Slack CEO and Co-Founder. “Salesforce started the cloud revolution, and two decades later, we are still tapping into all the possibilities it offers to transform the way we work. 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. "Stewart and his team have built one of the most beloved platforms in enterprise software history, with an incredible ecosystem around it,” said Marc Benioff, Chair and CEO, Salesforce. The combination will create the operating system for the new way to work, uniquely enabling companies to grow and succeed in the all-digital world. Under the terms of the agreement, Slack shareholders will receive $26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share, representing an enterprise value of approximately $27.7 billion based on the closing price of Salesforce’s common stock on November 30, 2020.Ĭombining Slack with Salesforce Customer 360 will be transformative for customers and the industry. (NYSE: WORK), the most innovative enterprise communications platform, have entered into a definitive agreement under which Salesforce will acquire Slack. 1.SAN FRANCISCO-( BUSINESS WIRE)-Salesforce (NYSE: CRM), the global leader in CRM, and Slack Technologies, Inc. 31, 2021, and will be replaced by Amy Weaver, salesforce's president and chief legal officer, on Feb. Hawkins is slated to retire from his role, effective Jan. Upon the close of the transaction, Slack will become an operating unit of salesforce and will continue to be led by CEO Stewart Butterfield. ![]() The closing is subject to approval by Slack stockholders, as well as required regulatory approvals and other customary conditions. The Slack transaction is expected to close in the second quarter of salesforce's fiscal year 2022, which ends in July 2021. ![]() in 2019 and its $6.81 billion buy of open-source firm MuleSoft Inc. ![]() Salesforce has made several other large acquisitions in recent years - including its $17.38 billion acquisition for data-visualization platform Tableau Software Inc. And in some ways, we think that this is arguably the most strategic acquisition we've ever done." "I don't know how many people play hockey, but you don't follow where the puck is, you go to where the puck is going to be, if you want to be great," Hawkins said at the Dec. Under the terms of the agreement, Slack shareholders will receive $26.79 in cash and 0.0776 share of Salesforce common stock for each Slack share. 1 announced an agreement to buy Slack in a $27.7 billion stock-and-cash transaction. Speaking at an industry event, Hawkins said the acquisition of business communications platform Slack would provide a new growth engine for salesforce, bolstering its competitive position by allowing it to offer more-advanced digital tools to its customers. salesforce's largest acquisition to date - as necessary to keep pace with the rapidly evolving business landscape. 2 defended the company's nearly $28 billion pending purchase of Slack Technologies Inc. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |