“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. According to the press release, Slack shareholders will receive $26.79 (approx £20.04) in cash and 0.0776 shares of Salesforce common stock for each Slack share, representing an enterprise value of approximately $27.7 billion (approx £20.7 billion) based on the closing price of Salesforce’s common stock on November 30, 2020. Salesforce, a global cloud computing company in a mega-deal, acquired Slack, a business communication platform, for a whopping $27.7 billion (approx £20.7 billion).

Salesforce acquired slack