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Tech Slack: Chat app sold for $27.7bn Company became a rival to Microsoft with 12 million daily users
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Subscribe Already subscribed? Log in Workplace chat app Slack sold for $27.7bn (Getty Images) Leer en Español Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
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Your support makes all the difference. Close Read more Workplace chat app Slack has been bought by business software giant Salesforce for $27.7bn.
Rumours of the mega-deal had swirled since last week and were finally confirmed by the two firms on Tuesday.
Slack began as a gaming company in 2009 before expanding into office communications and an alternative messaging system to corporate email .
The company became a major rival to Microsoft with 12 million daily users and a market value of around $25bn.
“Stewart and his team have built one of the most beloved platforms in enterprise software history, with an incredible ecosystem around it,” said Salesforce CEO Marc Benioff.
“This is a match made in heaven. Together, Salesforce and Slack will shape the future of enterprise software and transform the way everyone works in the all-digital, work-from-anywhere world.
"I’m thrilled to welcome Slack to the Salesforce Ohana once the transaction closes.”
Slack is run by former Flickr co-creator Stewart Butterfield.
“Salesforce started the cloud revolution, and two decades later, we are still tapping into all the possibilities it offers to transform the way we work. The opportunity we see together is massive,” said Mr Butterfield.
Salesforce, which has grown into one of the world’s biggest software firms, is worth nearly $220bn and this is their largest ever purchase.
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