Salesforce confirmed its plan to acquire Slack and revealed the purchase price, $27.7 billion in cash and stock, perhaps not coincidentally topping Microsoft’s $26.2 billion LinkedIn acquisition in the rankings of the largest tech deals of all time.
If the deal works out as Marc Benioff and Stewart Butterfield hope, it won’t be the last time the two San Francisco companies best the Redmond tech giant.
Salesforce and Slack “will shape the future of enterprise software,” said Benioff, the Salesforce CEO, in a statement announcing the deal.
“The opportunity we see together is massive,” added Butterfield, the Slack CEO.
Despite feeling like I had a decade’s worth of CEOing in the last 18 months, today’s news inspires a lot of excitement about the decade to come.
I was told that people on