Personally, I believe this is the most strategic combination in the history of software, and I can’t wait to get going.”Īcquisition to Create the Operating System for the New Way to Work

“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. The opportunity we see together is massive,” said Stewart Butterfield, Slack CEO and Co-Founder. “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. I’m thrilled to welcome Slack to the Salesforce Ohana once the transaction closes.” 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.

'Stewart and his team have built one of the most beloved platforms in enterprise software history, with an incredible ecosystem around it,” said Marc Benioff, Chair and CEO, Salesforce. The combination will create the operating system for the new way to work, uniquely enabling companies to grow and succeed in the all-digital world. Under the terms of the agreement, Slack shareholders will receive $26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share, representing an enterprise value of approximately $27.7 billion based on the closing price of Salesforce’s common stock on November 30, 2020.Ĭombining Slack with Salesforce Customer 360 will be transformative for customers and the industry. (NYSE: WORK), the most innovative enterprise communications platform, have entered into a definitive agreement under which Salesforce will acquire Slack. Salesforce (NYSE: CRM), the global leader in CRM, and Slack Technologies, Inc.

Combination of #1 CRM platform with the most innovative enterprise communications platform will create the operating system for the new way to work, enabling companies to grow and succeed in the all-digital world

Work slack technologies