Many South African companies already use software from US CRM specialist Salesforce.com. Now the company has officially established a “legal entity” in the country.
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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.
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?