Salesforce scoops up team chat pioneer Slack for $27.7B

Salesforce has acquired collaboration software vendor Slack in a deal worth $27.7 billion.

The acquisition — details of which leaked last week — will see Slack’s business chat application integrated with Salesforce’s cloud tools, serving as the new interface for its Customer 360 product portfolio.

“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,” said Salesforce chair and CEO Marc Benioff said in a statement. The acquisition was unveiled after the close of financial markets in the US on Tuesday afternoon.

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