Business
Salesforce to buy work chat service Slack for $37.6 billion – The Sydney Morning Herald
Analysts say the deal is aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft.
Slack in July filed a complaint in the European Union accusing Microsoft of illegally bundling Teams into Office 365 in a way that blocks its removal by customers who may prefer Slack.
Microsoft also has been posing a threat to Salesforces main products, a line-up of tools that help other companies manage their customer relationships.
“For Benioff, this is all about Microsoft,” said Wedbush Securities analyst Dan Ives. “Its just clear Microsoft is moving further and further away from Salesforce…
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