![]() It acquired MuleSoft for 6.5 billion in 2018, the company's. The Wall Street Journal previously reported Salesforce and Slack were in advanced deal talks. wrapped up an 8 billion bond sale Tuesday to fund its 27.7 billion acquisition of Slack Technologies Inc., a deal designed to help the workplace communications platform reach. Salesforce has been on an acquisition spree, taking advantage of its market cap growth in recent years to buy growing companies. The deal is almost twice as large as Salesforce’s largest acquisition so far and would turn the combined company into a more formidable competitor to Microsoft Corp. The cash-and-stock deal, announced Tuesday, is the biggest move yet by Salesforce Chief Executive Marc Benioff, a pioneer in selling subscriptions for software run on remote servers, to turn the company he co-founded 21 years ago into a broad-reaching powerhouse in tech tools for businesses. in a $27.7 billion deal that shows how the biggest players in cloud computing are racing to add muscle amid the pandemic’s remote-work boom. agreed to buy messaging company Slack Technologies Inc. Slack also saw strong performance in customer acquisition, especially in the enterprise. In Q2, Slack’s revenue grew 39 year-over-year on a stand-alone basis, which excludes any impact of purchase accounting. Salesforce first announced that it would acquire Slack in December 2020 for 27.7 billion, a purchase widely seen as a play for a workplace collaboration market experiencing. Photo: Michael Bucher for The Wall Street Journal (Originally published Oct. CFO Amy Weaver: Slack approaching billion-dollar run rate. Salesforce is buying workplace messaging app Slack for 27.7 billion, marking the largest acquisition in the San Francisco-based cloud-based company’s history. ![]() It acquired MuleSoft for 6.5 billion in 2018, the company’s. Slack CEO Stewart Butterfield talks to The Wall Street Journal about the challenges of building a startup, the downsides of running a private company and his favorite computer game. Salesforce has been on an acquisition spree, taking advantage of its market cap growth in recent years to buy growing companies. ![]()
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