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Yahoo Finance's Myles Udland, Julie Hyman, and Brian Sozzi discuss what Salesforce's Slack acquisition means for the company with Brent Bracelin, Piper Sandler Research Analyst. For 2020 election resu

Salesforce and Slack Are Going After Microsoft

10:58am, Wednesday, 02'nd Dec 2020
Business software maker Salesforce.com (NYSE: CRM) is buying work-chat service Slack Technologies (NYSE: WORK) for $27.7 billion in a deal aimed at giving the two companies a better shot at competing
Shares of salesforce.com, inc. (NYSE: CRM) were trading lower Wednesday after the company reported earnings and revenue beats in the third quarter but fell short of expectations for its fourth-quarte

Salesforce to buy Slack in a $27.7 billion deal

10:12am, Wednesday, 02'nd Dec 2020
Salesforce reported third-quarter earnings after the bell, beating earnings and revenue estimates. The company also announced it will buy Slack in a $27.7B deal.
CNBC's Jim Cramer and David Faber discuss Wall Street's reaction of Salesforce acquiring Slack.
In Wednesday's market breakdown, Jim Cramer talks Pfizer's U.K. vaccine approval, Salesforce buying Slack, President-elect Biden's economic team and more. SUBSCRIBE | http://t.st/TheStreetTV MORE VIDE
Slack co-founder Cal Henderson said had his doubts about whether companies could work from home before the coronavirus pandemic.
Salesforce and Slack have entered into a definitive agreement under which Salesforce will acquire Slack for $27.7 billion. These are the details.
Cloud computing pioneer Salesforce has agreed a $27.7bn (£20.6bn) deal to buy Slack, the workplace messaging app that has enjoyed a near-doubling of its market value during the COVID-19 pandemic.
Dec.01 -- Salesforce.com Inc. Chief Executive Officer Marc Benioff discusses his company's decision to acquire Slack Technologies Inc. for $27.7 billion. He speaks with Emily Chang on "Bloomberg Daybr
With a $27.7 billion deal to buy Slack Technologies Inc. -- its biggest acquisition yet -- Salesforce.com Inc. is poised to become an even bigger threat to Microsoft Corp. in the world of corporate so
Slack "supercharges our approach and lets all of our customers rearchitect their workforce to be truly from anywhere," Salesforce CEO Marc Benioff said.
Stewart Butterfield, who cofounded the popular work messaging app, is the latest beneficiary of the work-from-home phenomenon.
"I have a $50 billion dream, which is what I'm shooting for," the internet entrepreneur said in a "Mad Money" appearance.
Salesforce has inked a definitive agreement to buy Slack Technologies for an enterprise value of roughly $27.7 billion based on the Monday (Nov. 30) closing price of Salesforce's common stock, accord
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