The acquisition of Slack is Salesforce’s latest move to expand beyond its core business of selling CRM software. It has become a hub for all team communications, including chat, file sharing, instant messaging, video conferencing, and more. The startup has emerged as Salesforce’s go-to app for teams. Salesforce (NYSE: CRM), the world’s largest enterprise application, announced that it had acquired the messaging app Slack in a US$9.1 billion all-stock deal. It integrates with many other apps like Trello, Asana, and Google Calendar so that you can communicate effectively and efficiently. It’s a messaging app that uses your phone’s data connection to ensure your messages are secure and keep you from getting stuck in a bad chat room. Slack is an app that allows users to communicate in real-time with other team members. Slack is known as a “dynamic, self-organizing team,” and its flexibility is one reason why Slack has become so popular. Slack is a message-based collaboration app that replaces email with features like group chat, file sharing, and a call-in system that allows people to ask questions of a group and have answers from the whole group. But it’s also something of an odd move for Salesforce, as it’s been trying to cut off its ties to other platforms over the past couple of years.
The deal could be a sign of things to come as Salesforce looks to beef up its software services business. Salesforce was reportedly buying Slack for $8B-a very large amount of money.
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