Salesforce completes its $27.7 billion Slack acquisition

Announcing the $27.7 billion deal in December, Salesforce has now officially completed its Slack acquisition. 

The $27.7 billion deal is Salesforce’s largest acquisition to date. To remind you, the biggest acquisition ever made by Salesforce was the acquisition of Tableau in August 2019 for $15.7 billion.

“We couldn’t be more excited to have Slack as part of the Salesforce family, combining the #1 CRM and the trailblazing digital platform for the work anywhere world,” said Marc Benioff, Chair and CEO of Salesforce. “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.”

As part of the acquisition, Salesforce will combine Slack with Salesforce Customer 360, a customer data platform it introduced in 2018 that allows companies to connect employees, customers, and partners with each other and the apps they use every day, all within their existing workflows.

Slack will continue to operate under the Slack brand and to be led by CEO and Co-Founder Stewart Butterfield.

“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.”

“We are obsessed with continually delighting our clients, and offering them the best experience and value across every interaction,” said Arvind Krishna, Chairman and CEO of IBM. “Salesforce and Slack coming together will help us become more connect

Written by Jordan Bevan

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