Salesforce to buy Slack for R423 billion

[Bradley Prior]

Salesforce to buy Slack for R423 billion

Salesforce.com Inc. agreed to buy Slack Technologies Inc. for $27.7 billion in cash and stock, giving the corporate software giant a popular workplace-communications platform in one of the biggest technology deals of the year. [Bloomberg]

 

[CataclysmZA]

Slack has barely 15 million monthly active users (most of which are on free tiers). How on earth is it valued at almost half a trillion dollars? 27 billion dollars?

 

[werfie]

Slack has barely 15 million monthly active users. How on earth is it valued at almost half a trillion dollars?

Half a trillion rand... only $27.7b

 

[Syphonx]

In 2 years time it will be sold off for significantly cheaper, or its value written down. Just like Skype