Who are Salesforce competitors
Slack is said to be about to be taken over by SAP competitor Salesforce
According to insiders, the SAP competitor Salesforce wants to incorporate the office chat provider Slack. Corresponding talks would be held, said people familiar with the matter to the Reuters news agency. According to reports on the negotiations, Slack shares climbed 24 percent on Wednesday, bringing the company to around $ 21 billion in the market. The paper was recently well below the record high of $ 42 last year.
Competition from Microsoft
The offer comes at a time when Slack, unlike many other technology groups, has problems benefiting from the digitization trend in the corona crisis. Above all, the fierce competition from Microsoft's Teams software makes it difficult for the company to acquire new business customers. In addition, in view of the economic downturn, Slack had to grant many discounts in order not to be completely replaced by teams, which is often included in the office software package.
According to insiders, the cloud pioneer Salesforce, which has grown strongly in the past through acquisitions, sees the possible takeover as a logical extension of its portfolio. So far it is unclear what price Salesforce would put on the table for Slack. According to someone familiar with the matter, Salesforce would rather pay in cash than in stocks.
If the negotiations are successful, a deal could be announced before the Slack quarterly figures are published on December 9th. Salesforce already gives an insight into the past quarter on December 1st. Neither Slack nor Salesforce were available for comment. (APA / Reuters, November 26, 2020)
- Is there racism in Bangalore
- What color do you like in VIBGYOR
- Why are people in different religions separated
- Which is the best CMS framework
- What is the TOEFL test
- What is PM modes
- Murdered Lavrentiy Beria Stalin
- What are Naxals fighting for
- What do Indians think of Pakistani motorcycles?
- How is black money laundered?
- What are the most inspiring films recently
- Why don't many politicians have baerte
- What are some examples of hypoallergenic perfumes
- Who is Christie Brinkley
- How exactly is Dangal
- Is keeping chickens a good hobby?
- What is the best Italian wine factory
- How much taxes do rappers pay
- Smokes prabhas in real life
- How dearly Indians love MS Dhoni
- What animal will kill cats?
- Which is the fastest implementation of Python
- How can I join Microsoft
- What does God mean to a physicist