Salesforce and Slack Technologies have entered into a definitive agreement under which Salesforce will acquire Slack. In a statement, the two companies said: 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…
Tag: Made in Heaven
Salesforce Buys Slack in a $27.7B Megadeal
Salesforce, the CRM powerhouse that recently surpassed $20 billion in annual revenue, announced today it is wading deeper into enterprise social by acquiring Slack in a $27.7 billion megadeal. From a report: Salesforce co-founder and CEO Marc Benioff didn’t mince words on his latest purchase. “This is a match made in heaven. Together, Salesforce and Slack will shape the future of…