Salesforce held talks to buy Slack Technologies

Slack shares are up 63% this year has recently been in talks to buy Slack Technologies Inc., according to people familiar with the matter, a deal that would mark a big move by the corporate-software maker into office communications.

Ticker Security Last Change Change %
CRM SALESFORCE INC. 235.71 -5.38 -2.23%
WORK n.a. n.a. n.a. n.a.

Any deal would likely value Slack at more than its current market capitalization of $17 billion and represent Salesforce's largest acquisition ever. ddd


There is no guarantee the talks will lead to a deal and Salesforce could ultimately settle on another target, some of the people said.

--Maureen Farrell contributed to this article.

Write to Cara Lombardo at, Liz Hoffman at and Dana Cimilluca at

(END) Dow Jones Newswires

November 25, 2020 11:38 ET (16:38 GMT)

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