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Business software maker Salesforce.com has closed its purchase of Slack Technologies, a massive bet that Slack’s workplace app will become popular for collaborations within and between companies.
Despite all the talk of openness, Microsoft’s new Windows 11 operating system has at least one change that hearkens back to the days of Microsoft’s own anticompetitive behaviour.
Salesforce.com’s US$27.7-billion takeover of Slack Technologies represents co-founder Marc Benioff’s most aggressive effort yet to challenge reigning software marker Microsoft.
Salesforce.com has agreed to buy Slack Technologies for $27.7-billion in cash and stock in one of the biggest technology deals of the year.
Stop me if you’ve heard this one before. News leaks that enterprise software giant Salesforce.com is interested in acquiring a trendy tech company. Then its stock falls 5%, erasing billions of market value. Ring any bells?
SAP fell the most in nearly five years on signs that its $10-billion bet on cloud-based software faces headwinds, but the companies executives are adamant there is still room to grow.
Salesforce.com has agreed to buy Tableau Software in an all-stock deal valued at US$15.3-billion in a major bid to build its analytics offering.