Business software maker
Salesforce.com on Wednesday closed its $27.7 billion purchase of Slack Technologies Inc, a massive bet that Slack‘s workplace app will become popular for collaborations within and between companies.
U.S. antitrust regulators cleared the deal this week, allowing the creation of a stronger challenger to Microsoft Corp, the top workplace software provider whose Teams app competes with Slack for market dominance.
The merger partners hope the deal will bolster efforts to connect their joint customers to smooth out common business deals, Salesforce President Bret Taylor and Slack Chief Executive Stewart Butterfield said in an interview on Wednesday.
They also want to reduce the complexity of using hundreds of different cloud-based apps that have crept into workplaces, they added.
For example, a Slack “channel” can be created to replace all the emails, phone calls and video conferences that might otherwise occur between a sales team doing a deal with a procurement team at another company. Thousands of apps work with Slack, so documents from third-party platforms like Google Drive can be signed in the channel with services like DocuSign Inc, Taylor said.
“We did the due diligence for the Slack acquisition in Slack,” Taylor noted.
“I joked it had the highest billable hours of any channel ever, because we had all the lawyers in there and the investment banks,” he said, but “it was really a transformative experience.”
While analysts view Teams as Slack’s largest rival, Butterfield said Slack will continue to integrate with the Microsoft app in line with its goal to make it easier for employees to get things done.
“What customers want is interoperability. They don’t want to have to make hard choices,” Butterfield said. “We’ll integrate with everyone – Microsoft and Salesforce, of course, but also ServiceNow and Workday, and more or less anyone you can think of.”


Japan travel news, japan travel guides, japan holiday destinations and japan reviews

LATEST NEWS

NEWS RELATED

Microsoft faces subpoena in Google's antitrust case in US

Microsoft, which cooperated with the US prosecutors in building a 2020 antitrust case against Google, is now facing a subpoena to produce millions more documents at the request of Googles defense team, the media reported.According to a report in The Verge on Friday, judge Amit Mehta said that “more information…

Read more: Microsoft faces subpoena in Google's antitrust case in US

Microsoft to invest in OYO before its potential IPO

Satya Nadella-run Microsoft is in advanced talks to invest in Airbnb-backed Indian budget hotel chain OYO at a valuation of $9 billion, as the hospitality chain is planning a potential initial public offering (IPO) soon, sources said.Reliable sources told IANS that a deal may close soon once the due regulatory…

Read more: Microsoft to invest in OYO before its potential IPO

Microsoft in talks to buy stake in Oyo for $9 billion: Sources

Microsoft is in advanced stages of discussions to pick up a stake in OYO that would value the hospitality firm at about USD 9 billion (around Rs 67,000 crore), according to sources. While the deal size is not known, sources close to the development said it will not be a…

Read more: Microsoft in talks to buy stake in Oyo for $9 billion: Sources

Tech Mahindra chairman highlights three areas where firm's prospects lie

Tech Mahindra’s prospects lie in three areas – connectivity, digital experience enhanced by design, and Environmental, Social and Corporate Governance (ESG), chairman Anand Mahindra said on Friday. Mahindra, who was addressing shareholders at the 34th annual general meeting of the company, added that deep knowledge of communication was in the…

Read more: Tech Mahindra chairman highlights three areas where firm's prospects lie

Microsoft makes it easier for users to try Windows 11 features, here’s how

Microsoft Windows 11 first beta release is now available to download for Insider Users on the beta channel. The beta release comes after almost a month Microsoft released the Dev Preview of the Windows 11 operating system.The beta channel carries the Windows 11 Insider Preview Build 22000.100, the same build…

Read more: Microsoft makes it easier for users to try Windows 11 features, here’s how

A look at Microsoft Teams' new features, updates that enable hybrid work environment

Earlier this year, CEO Satya Nadella highlighted Microsoft Teams as an important resource for the company’s growth. MS Teams has more than 250 million monthly active users. Microsoft has previously unveiled the vision for the future of Teams Rooms, where connections feel natural and people feel included, represented, and can…

Read more: A look at Microsoft Teams' new features, updates that enable hybrid work environment

Google wants Microsoft to show files of these 19 employees in court

Alphabet’s Google has asked a judge hearing the Justice Department‘s antitrust lawsuit against the search and advertising giant to compel Microsoft to turn over documents, saying it has failed to comply with a subpoena, according to a court filing unsealed earlier this week. Google served a subpoena to Microsoft more…

Read more: Google wants Microsoft to show files of these 19 employees in court

LinkedIn will allow most employees to work remotely full-time

New York: LinkedIn will allow most employees to opt for full-time remote work as offices gradually reopen, Chief People Officer Teuila Hanson told Reuters. This new policy from Microsoft Corp.’s professional social networking site is a reversal of the company’s initial indication last October that employees would be expected to…

Read more: LinkedIn will allow most employees to work remotely full-time

How this new rivalry may emerge between Google, Apple and Microsoft

Big Tech has outgrown this planet

Cisco preps now for the hybrid workforce

OYO raising strategic investment from Microsoft at $9 billion valuation

Cloud leaders vie for environmental kudos as market spend soars

Cloud leaders vie for environmental kudos as market spend soars

Making sense of Microsoft’s new certifications scheme

Cisco preps now for the hybrid workforce

OTHER NEWS