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Who Outbid Amazon For The Slack Acquisition?

Currently 3-years following Amazon’s unsuccessful attempt at a $9 billion USD acquisition of communication platform Slack, cloud-based software company Salesforce has successfully done what Amazon didn’t for a whopping $27.7 billion USD serving as Salesforce’s largest acquisition to date.

 

 

Based on a joint statemnt from both Slack and Salesforce, Slack will be maintaining itself, however it will be serving as an operating unit for Salesforce, at the same time under the leadership of Stewart Butterfield, co-founder and CEO of Slack. The project will also be serving as the “new interface” for Salesforce Customer 360, which is the new customer management platform of Salesforce.

 

According to a statement from Butterfield, he had this to say: “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. The opportunity we see together is massive,” said the Slack CEO. “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. Personally, I believe this is the most strategic combination in the history of software, and I can’t wait to get going.”

 

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