Salesforce to buy work chat service Slack for $27.7 billion

Salesforce to buy work chat service Slack for $27.7 billion

4 years ago
Anonymous $RGO3jP_V_c

https://apnews.com/14fd88a9308e240570ae749f809defdf

SAN RAMON, Calif. (AP) — Business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft.

The acquisition announced Tuesday is by far the largest in the 21-year history of Salesforce. The San Francisco company was one of the first to begin selling software as a subscription service that could be used on any internet-connected device instead of the more cumbersome process of installing the programs on individual computers.