By Cara Lombardo, Liz Hoffman and Dana Cimilluca 

Salesforce.com Inc. has recently been in talks to buy Slack Technologies Inc., according to people familiar with the matter, a deal that would mark a big move by the corporate-software maker into office communications.

Any deal would likely value Slack at more than its current market capitalization of $17 billion and represent Salesforce's largest acquisition ever. There is no guarantee the talks will lead to a deal and Salesforce could ultimately settle on another target, some of the people said.

(More to come)

--Maureen Farrell contributed to this article.

Write to Cara Lombardo at cara.lombardo@wsj.com, Liz Hoffman at liz.hoffman@wsj.com and Dana Cimilluca at dana.cimilluca@wsj.com

 

(END) Dow Jones Newswires

November 25, 2020 11:53 ET (16:53 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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