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Salesforce Acquires Slack In $27.7B Deal

The stock and cash deal is meant to help Salesforce compete with Microsoft.
Posted at 4:39 PM, Dec 02, 2020
and last updated 2020-12-02 16:39:44-05

Salesforce will buy workplace messaging app Slack for $27.7 billion. 

The deal will be the largest in Salesforce's 21-year history. 

It will allow the companies to compete with industry powerhouse Microsoft. 

Slack became an independently publicly traded company in 2019.