The team at CloudShift have been big users of Slack for many years, so we are naturally delighted to see the completion of this exciting acquisition for us as well as our customers!įor more details you can read the Salesforce press release here. This one was a gift for the core CRM product. Slack is but one of many stories in Silicon Valley of a defensive acquisition, where a. Evidently, Salesforce’s acquisition of Slack will offer smoother processes and workflows for a variety of teams to flourish within. The final billion-dollar deal (until we hear about Slack perhaps) is the 1.33 billion Vlocity acquisition earlier this year. But Slack’s decision to be acquired by Salesforce indicates that today, the exact opposite is true. ![]() Not only does the platform keep teams aligned through the use of integrated and richer information, but it also allows for improved customer-orientation and employee engagement. In summary, Salesforce’s acquisition of Slack has greatly satisfied a number of individuals, most specifically Salesforce users. And even better news is that there are several options for integrating Slack with Salesforce, highlighting its flexibility and innovative qualities. Under the terms of the agreement, Slack shareholders will receive 26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share, representing an enterprise value of approximately 27.7 billion based on the closing price of Salesforce’s common stock on November 30, 2020. Stewart is an incredible leader who created an amazing, beloved company. Together, Salesforce and Slack will deliver the Slack-First Customer 360 that provides a single source of truth for their business, and a single platform for connecting employees, customers, and partners with each other and the apps they use every day, all within their existing workflows. Salesforce acquired Slack for about 27 billion last year, its largest purchase ever. With the world’s #1 CRM, companies can sell, service, market, conduct commerce, and more from anywhere. ![]() Every business across industries has had to optimise for a digital-first customer, employee, and partner experience. ![]() One thing which is certain from the past year - if you don’t have a digital way to connect with your employees, customers and partners then you don’t have the best chance of adapting and surviving.
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