27.7 billion dollars! Salesforce cash and stock acquisition slack

category:Finance
 27.7 billion dollars! Salesforce cash and stock acquisition slack


The acquisition marks one of the biggest acquisitions in the history of the software industry. Salesforce said the acquisition was worth $27.7 billion, including outstanding stocks, debt and cash.

The acquisition of slack by salesforce may be a win-win situation for both, especially in the face of competition from Microsoft.

With a large number of customers, teams also become a window for users to accept other Microsoft applications, including Microsofts own CRM software.

Salesforce is an enterprise customer relationship management software provider. It has a number of popular products, such as salescloud, to help sales staff improve their work efficiency; Desk.com , online support solutions for small businesses and their consumers; chatter, internal social networking.

At a time of high demand for home and office work in Europe and the United States this year, the demand for products of salesforce has also soared, driving its share price to rise more than 80% since it rebounded from the bottom on March 18. As a well-known home office concept stock, slack should benefit from the same principle, but the fact is quite cold. From March 18 to November 24, slacks share price rose by only 48.6%, not only lower than salesforce, but also far behind the 260% of zoom, another well-known home office concept stock. Slacks second quarter results showed that revenue rose 49% year-on-year to $215.9 million, better than Wall Streets expected $209.1 million. However, at present, the company still has no profit, with a net loss of $74.84 million belonging to common shareholders of the company, although it is significantly better than that of $359.6 million in the same period of last year. Source: Wall Street news editor: Wang Xiaowu_ NF

At a time of high demand for home and office work in Europe and the United States this year, the demand for products of salesforce has also soared, driving its share price to rise more than 80% since it rebounded from the bottom on March 18.

As a well-known home office concept stock, slack should benefit from the same principle, but the fact is quite cold. From March 18 to November 24, slacks share price rose by only 48.6%, not only lower than salesforce, but also far behind the 260% of zoom, another well-known home office concept stock.

Slacks second quarter results showed that revenue rose 49% year-on-year to $215.9 million, better than Wall Streets expected $209.1 million. However, at present, the company still has no profit, with a net loss of $74.84 million belonging to common shareholders of the company, although it is significantly better than that of $359.6 million in the same period of last year.