Salesforce Has Held Talks to Buy Slack Technologies
November 25 2020 - 12:08PM
Dow Jones News
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.
Slack Technologies (NYSE:WORK)
Historical Stock Chart
From Sep 2024 to Oct 2024
Slack Technologies (NYSE:WORK)
Historical Stock Chart
From Oct 2023 to Oct 2024