Salesforce will acquire Slack for $28 billion


Angela Lang/CNET

Salesforce on Tuesday said it would acquire Slack for $27.7 billion. The messaging platform will be “deeply integrated into every Salesforce Cloud,” the companies said in a statement. When the transaction closes, Slack will be an operating unit of Salesforce, and CEO Stewart Butterfield will continue to lead the platform.

“Stewart and his team have built one of the most beloved platforms in enterprise software history, with an incredible ecosystem around it,” Salesforce CEO Marc Benioff said in the statement. “Together, Salesforce and Slack will shape the future of enterprise software and transform the way everyone works in the all-digital, work-from-anywhere world.”

The sale comes amid an influx in remote work due to the coronavirus pandemic

“Salesforce and Slack will give companies a single source of truth for their business and a unified platform for connecting employees, customers and partners with each other and the apps they use every day, all within their existing workflows,” the companies said in the release.

Following reports of a possible acquisition last week, shares of Slack rose nearly 30%.

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