Salesforce Acquires Slack In $27.7B Deal

SMS
Salesforce Acquires Slack In $27.7B Deal
The stock and cash deal is meant to help Salesforce compete with Microsoft.
SHOW TRANSCRIPT

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.