Fierce competition from Microsoft Teams and videoconferencing tools such as Zoom, combined with continued struggles with profitability, has pushed the company's stock price down by as much as 40% over that period. I’m thrilled to welcome Slack to the Salesforce Ohana once the transaction closes."ĭespite its popularity, Slack hasn't fared particularly well since it went public in June 2019 via a direct listing. "Together, Salesforce and Slack will shape the future of enterprise software and transform the way everyone works in the all-digital, work-from-anywhere world. “This is a match made in heaven," Benioff said in a statement. For context, the final price is more than Microsoft paid for LinkedIn ($26.2 billion) in 2016 and is only topped by IBM’s $34 billion purchase of Red Hat in 2018. It also marks the biggest acquisition of Salesforce founder and CEO Marc Benioff's career, blowing the $15.3 billion deal for data visualisation specialist Tableau last year out of the water. The deal brings together two software-as-a-service (SaaS) giants, with Slack seeing explosive growth since its founding in 2009. Salesforce saved the biggest software acquisition of the year (so far) until last, snapping up the popular workplace communication company Slack for $27.7 billion in stock and cash. 1 December: Salesforce to acquire Slack for $27.7B
Vista focuses on investments in enterprise software companies and also counts the likes of Apptio, Datto and Jamf in its portfolio. We are relentlessly focused on helping enterprises improve and optimize their technology workforce and providing the most effective path to skills transformation for their technology teams." “Through this partnership with Vista, we will be able to move faster and be more agile, accelerate our strategic vision and, ultimately, deliver deeper, more powerful solutions that help companies adapt and thrive in the digital age.
“Today’s announcement is an exciting milestone for Pluralsight as we begin the next phase of our evolution,” Aaron Skonnard, cofounder and CEO of Pluralsight, said in a statement.
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