Salesforce completes its acquisition of Slack

Salesforce completes its acquisition of Slack

The multi-billion dollar deal has been in the making since last year.

This week Salesforce announced it has completed its acquisition of Slack Technologies, Inc. The companies say the deal, worth $27.7 billion, will allow them to create the “digital HQ for success from anywhere”.

Marc Benioff, Salesforce Chairman and CE, commented. “We couldn’t be more excited to have Slack as part of the Salesforce family,” he said.

“Together we’ll define the future of enterprise software,” he continued. This, he said, will create “the digital HQ that enables every organization to deliver customer and employee success from anywhere.”

Delivering a single platform that leverages existing workflows

The company said the combination of Salesforce and Slack will deliver “Slack-first Customer 360” platform. This, they say, gives companies a single source of truth for their business.

Customers will now have a single platform for connecting employees, customers, and partners with each other and the apps they use every day. Moreover, they say that companies can do this “all within their existing workflows”.

“We’ve learned over the past year that the workplace isn’t snapping back to the way it was,” said Bret Taylor, President and Chief Operating Officer of Salesforce. “Together, Slack and Salesforce Customer 360 will give every company in the world a single source of truth for their business,” he added.

“We have a once-in-a-generation opportunity to rethink and reshape how and where we work,” said Stewart Butterfield, Slack CEO and Co-Founder.

“Salesforce and Slack are uniquely positioned to lead this historic shift to a digital-first world. I could not be more excited for what’s to come.”

As part of Salesforce, Slack will continue to make work life simpler, more pleasant, and more productive, they say. Slack will continue to operate under the Slack brand, driving forward a continued focus on its mission, customers, and community. Slack will continue to be led by CEO and Co-Founder Stewart Butterfield.