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Salesforce is buying workplace messaging app Slack for $27.7 billion – Business Insider – Business Insider

Salesforce announced it would buy the workplace chat tool Slack for a whopping $27.7 billion, furthering its goal of taking on Microsoft.

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Salesforce is buying the workplace messaging app Slack for $27.7 billion, Salesforce announced on Tuesday. It is Salesforce’s largest acquisition ever and represents a more aggressive foray into office communication technology for the cloud giant at a time when remote work has made collaboration tools more essential.
The deal is a combination of cash and stock, a detail that CNBC first reported on Monday. Slack shareholders will get $26.79 in cash and 0.0776 shares of Salesforce common stock for…

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