Slack has been acquired by Salesforce:
Salesforce (NYSE: CRM) yesterday made it official, agreeing to buy workforce collaboration platform Slack (NYSE: WORK) for $27.7 billion in cash and stock.
Why is this is a big deal? A few things:
- Largest software merger since IBM bought Red Hat…
- Stewart Butterfield’s second gaming startup that pivoted to success.
- We need a Slack Competitor… but, it won’t look like one at first.
At some point, the # of
billions becomes irrelevant… but, seriously. Congrats to the team and I can’t wait for Stewart’s 3rd gaming startup to show up.