The deal is expected to close midway through next year, pending regulatory approval, Salesforce said. Salesforce “won’t blow it,” he commented on Twitter. 1 to roughly 80,600 today, signaling that 1,900 workers may. Some include Asana, Box, and Dropbox.Īaron Levie, Box’s CEO, compared Salesforce’s bold bet to Facebook’s prescient acquisition of Instagram for roughly $1 billion in 2012 in terms of its industry-shaking significance. One Salesforce employee told Fortune that the company’s all-salesforce Slack channel went from roughly 82,500 members on Feb. There are plenty of other potential acquisition targets. Together, Slack, Salesforce, and AWS make it easier for large, distributed teams to manage the process of building and operating apps across the Salesforce and AWS platforms, allowing teams to innovate more efficiently. You can supercharge your Slack integration by using Flow Builder to automate actions like channel creation, message posting, inviting users to channels, and more. Earlier this month Adobe bought work management firm Workfront for $1.5 billion. The next step to setting up Sales Cloud for Slack is to enable Slack apps in Salesforce and configure Sales Cloud for Slack features. In 2018, it scooped up Mulesoft, another data play, for $6.5 billion.Īnalysts expect Salesforce’s move to spur competitors-from Microsoft and Google to Oracle and SAP-to make big moves of their own in the so-called cloud collaboration industry. Before Slack, Salesforce’s biggest acquisition was Tableau, a data analytics firm it bought last year for more than $15 billion. Slack’s share price has slumped since its public market debut in June 2019, dipping 30% since then, before Salesforce’s rumored interest last week caused its share price to rocket.įor Salesforce, the acquisition caps off a years-long string of M&A.
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