Julia La Roche is a correspondent for Yahoo Finance. Shares of Salesforce are up 7.9% year-to-date. The rumors seem to be true, according to numerous sources, enterprise messaging service Slack has raised as much as 250 million in new funding from Accel. Shares of Salesforce were last trading up 0.14%, or 34 cents, near $240.45 in the pre-market. Every business-in every industry-has to optimize for a digital-first customer, employee, and partner experience," the company said in its announcement. "Headquarters are no longer on Madison Avenue or Main Street-they are in the cloud. Last week, the Department of Justice told the company it closed its antitrust investigation of the deal, giving the green light for the transaction's close.Īs companies debate the future of work post-COVID, Salesforce said companies learned last year that "if you don't have a digital way to connect with your employees, customers, and partners, you don't have much of a chance of surviving." In December, Salesforce signed a definitive agreement to acquire the popular messaging software platform Slack Technologies in a cash and stock deal worth $27.7 billion, making it Salesforce's largest-ever acquisition. Together, Salesforce and Slack are creating the digital HQ for success from anywhere. I could not be more excited for what's to come," Butterfield added. Salesforce Completes Acquisition of Slack. (WORK) CRM 34 Comments 13 Likes Ishan Puri 2.37K Follower s Summary Rumor is that Salesforce is looking to acquire. "Salesforce and Slack are uniquely positioned to lead this historic shift to a digital-first world. 30, 2020 3:06 PM ET Slack Technologies, Inc. Slack's co-founder and CEO Stewart Butterfield, who will continue to lead the company, called the deal "a once-in-a-generation opportunity to rethink and reshape how and where we work." "Together we'll define the future of enterprise software, creating the digital HQ that enables every organization to deliver customer and employee success from anywhere," Salesforce CEO Marc Benioff said in a statement. Software giant Salesforce ( CRM) officially closed on its $27.7 billion record acquisition of messaging app Slack Technologies ( WORK) on Wednesday, as the company bets big on a digital work-from-anywhere future. Shares of Salesforce are up 7.9% year-to-date. "Headquarters are no longer on Madison Avenue or Main Street-they are in the cloud. 9:41 AM EDT Slack Technologies ( WORK) - Get Free Report shares edged higher in active trading Monday after an antitrust probe into its 27.7 billion takeover by Salesforce ( CRM). I could not be more excited for what's to come," Butterfield added. FIGURE 2: Salesforce and Slack Merger Source: Salesforce and. Slack’s ecosystem of 885,000 developers and 2,400 apps will be combined with Salesforce. "Salesforce and Slack are uniquely positioned to lead this historic shift to a digital-first world. The merger of Slack and Salesforce combines two extensive ecosystems of apps and active developers that support multiple facets of business across all industries.
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