![]() ![]() ![]() The acquisition is set to bring about wide-ranging implications for enterprise software. It was originally published in December 2020.Ĭustomer relationship management software (CRM) titan Salesforce announced Tuesday it will acquire collaboration platform Slack in a stock and cash deal valued at $27.7 billion. The following article is from CIO Dive's archives. ![]() In an SEC filing, Slack confirmed the DOJ closed its investigation on July 16, and said it expected the acquisition to be completed on or about July 21, pending the customary closing conditions. On February 16, the Department of Justice sent both companies a request for further information on the deal, a move one analyst said was a peek at antitrust concerns from regulators. Salesforce first announced its intent to acquire the collaboration platform in December 2020. Editor's note: Salesforce closed its $27.7 billion stock-and-cash acquisition of Slack on July 21, 2021, according to a company announcement. ![]()
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