Salesforce saw a year-over-year quarterly rise in revenue and strong growth with its Slack subsidiary and Sales Cloud and Service Cloud products, but th.
Fresh off its Slack acquisition, Salesforce announced its second quarter earnings Wednesday, including $6.34 billion in sales for the quarter, an increase of 23 percent year over year.
Salesforce said Wednesday that it officially closed its blockbuster US$27.7 billion acquisition of collaboration app Slack as the San Francisco tech giant aims to enter the work-from-anywhere technology arena.
Slack said in a filing with the U.S. Securities and Exchange Commission on July 16 that the U.S. Department of Justice had closed its antitrust investigation into the acquisition. The companies announced the acquisition in December.
“Together we’ll define the future of enterprise software, creating the digital HQ that enables every organization to deliver customer and employee success from anywhere,” Salesforce CEO Marc Benioff said in a statement.
Slack CEO and co-founder Stewart Butterfield will continue to lead the new subsidiary within Salesforce.
Salesforce Closes $27 7B Slack Acquisition, Preparing For Microsoft Teams Battle crn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crn.com Daily Mail and Mail on Sunday newspapers.
Salesforce Channel Partners Look For Slack Integrations Ahead of Acquisition Closing
“Recently, a CEO at one of our customers told us that the insights gathered from the dashboard powered by Tableau, with MuleSoft integrations, was providing the single most value of any IT project in the past few years,” Doug Shepard of AllCloud said. By Wade Tyler Millward June 01, 2021, 04:34 PM EDT
The Salesforce acquisition of Slack is nearing its close and some partners of the San Francisco-based cloud software vendor have already fit the collaboration app into their products and services.
And if they haven’t yet, Salesforce’s track record with acquisitions has them eager to find a place for Slack.