Business
Big tech deals remind investors growth still matters – The Australian Financial Review
Salesforce’s $35 billion play for Slack and Airbnb’s $47 billion IPO shows investors shouldn’t forget the tailwinds behind tech remain very much in place.
“We’re not in a good M&A environment,” he told investors during an earnings call.
But by Wednesday morning, Benioff had changed his tune. This is a match made in heaven, he declared.
The hyperbole around Salesforces acquisition of Slack was turned up to 11 with confirmation of the deal, with Benioff claiming it will shape the future of enterprise software and transform the way everyone works in the all-digital, work-from-anywhere world. Slack CEO Stewart Butterfield called the deal the most strategic…
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