![]() And Salesforce has all of the paraphernalia you need to communicate with to sell software, and they have it for the best 100,000 corporations around the globe. The bitter truth in the enterprise business segment is that you can have the most incredible product, but that’s not good enough. Of that first cohort, only Box and Dropbox continue to be public companies. Evernote is a feeble shadow of its previous self. Mailbox slumped, and Acompli sold to Microsoft, where it became the mobile Outlook app. Slack’s effort to succeed as an independent company sadly reflects that of several one-time innovators in enterprise productivity. However, now, streams of consolidation are leaving people with less real choices. ![]() Slack first worked with small teams who desired to accelerate their work and was regularly drawn into organizations by early adoption. However, Slack’s exit to Salesforce is the end of an age in productivity-focused business apps. Slack launched in 2014, and just 18 months after it started, it reached more than 1 million daily users. However, one thing is definite: connecting Slack’s collaboration functionality with Salesforce’s sales productivity tooling signifies a monumental step forward in enterprise software history. The $27.7 billion deal is an investment that would yield a greater return to meet the current work-from-home scenario and growing demand for 100% secured Cloud-based apps for the digital economy. Salesforce has always been excellent at mergers and acquisitions, targeting the app economy that could further reinforce Salesforce Connected Economy benchmarks. In this article, I am presenting my analysis of the Salesforce acquisition of Slack. ![]() My analysis of The Salesforce Acquisition of SlackĪt $27.7 Billion, the Salesforce- Slack deal is 2020’s largest tech acquisition, beating last year’s mega acquisition deal of Tableau ($15.7 billion).
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