On Tuesday, it said its revenue rose 20 percent to $5.24 billion in … Salesforce.com Inc.'s CRM, -0.22% acquisition of Slack Technologies Inc. WORK, -0.19% would be a major challenge to Microsoft Corp. MSFT, +1.30%, one analyst said Wednesday, following a … Joint Microsoft-Salesforce offerings will include the Salesforce1 customer platform for Windows and Windows Phone 8.1, which the companies say will enable customers to access Salesforce and run their businesses from Windows devices.A preview is planned for the fall, with general availability to follow next year, they say. Interestingly, in March 2016, Microsoft founder Bill Gates and CEO Satya Nadella reportedly talked other Microsoft executives out of an $8 billion bid for Slack. Have you heard about salesforce’s latest acquisition?. Slack is Salesforce's third big acquisition target in the past two years. The cloud services … "What I'm seeing with this acquisition is Salesforce's continued foray into being a home for the employee digital workplace and their overall employee experience." The Salesforce C.E.O.’s planned acquisition of Slack will have him competing directly with the Goliath that is Microsoft. An acquisition of Salesforce could have cemented Microsoft's cloud business. Salesforce is reportedly in “advanced talks” with Slack over a potential acquisition — a deal that would be a good fit for both organizations, according to analysts. Salesforce Customer 360 will be integrated with Slack. However, he warned that in the long run this acquisition could ultimately work in favor of Microsoft, particularly Microsoft Dynamics 365, Microsoft’s CRM and ERP products. Salesforce’s acquisition comes at a much needed time as the communication company as it faces Microsoft. Slack deal would pit Salesforce against Microsoft, with Tableau acquisition as a potential blueprint Todd Bishop 10 mins ago This Michigan mom endured a COVID-19 nightmare. Salesforce has acquired Slack for $27.7 billion, making this the biggest acquisition in Salesforce's history, and depending on how you categorize it, the biggest tech acquisition of this year. Salesforce stock has climbed nearly 40 percent this year, valuing the company at $220 billion. Cramer on Salesforce: Cramer shared his thoughts on Salesforce and the stock falling off after announcing its $27 billion acquisition of Slack. The deal was considered far more likely since Microsoft CEO Satya Nadella took control 18 months ago. Thirdly, the acquisition will bring a massive number of global customers to Salesforce. The acquisition sets up a competitive collision between Salesforce and Microsoft, whose own Teams collaboration software has gained huge market traction and user adoption this year. Have you heard about the latest merger: Salesforce acquisition? The acquisition of Slack will also enable Salesforce to counter steps Microsoft has already taken to integrate Microsoft Teams more broadly across its portfolio of SaaS applications. Indeed, the relationship between the companies took on a familiar frosty feel during Microsoft’s $27 billion LinkedIn acquisition. While Slack may replace in Salesforce customer accounts, this move will not erode Microsoft Teams penetration -- in and outside of Salesforce accounts. The Slack acquisition means that Salesforce is throwing its hat in the ring to compete with Microsoft Teams, shortly after announcing that Salesforce is partnering with Microsoft to extend the collaboration between Salesforce and Microsoft Teams. "Salesforce has evolved into a digital workplace contender akin to Microsoft," said Carrie Marshall, CEO of Talk Social to Me. Salesforce agreed to buy the enterprise communications company Slack for about $27.7 billion at the beginning of December. The report of the deal discussions arrived as Microsoft Teams, which was … Salesforce Eyes Slack Acquisition To Escalate Fight With Microsoft: Report. Salesforce has announced its intent to acquire Slack for an estimated $27.7 billion in a deal that would fuse two of Microsoft's biggest rivals in the business applications space. The grand plan is to combine Slack Connect and Salesforce … Have you heard the latest Slack news?. "This acquisition makes sense on paper. With the acquisition, the Salesforce and Slack combine is looking at giving better competition to the longtime industry behemoth Microsoft which has its … The capabilities of Dynamics are catching up to Salesforce functionality, and come with better integration with Microsoft Teams and the rest of the Office 365 portfolio. Are you familiar with the megadeal?. Business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at … Messaging service Slack was facing fierce competition from Microsoft in regard to its office chat and productivity platforms, whereas Salesforce was competing with the multinational technology company in the cloud sector. Microsoft faces a new competitive challenge in collaboration software. Recently Salesforce, the CRM powerhouse that had recently surpassed annual revenue around $20 billion, announced that it was wading deeper into enterprise social by acquiring Slack in … In this post, we analyze every angle of this deal from the perspective of the three companies it impacts most of all — Salesforce, Slack, and most of all, Microsoft. The acquisition sets up a showdown with Microsoft and its Teams platform over the future of collaboration and digital work. The acquisition of Slack gives Salesforce a major boost in the enterprise communication space and this combination is expected to give strong competition to Microsoft. Slack users have cited performance issues and reported its video conferencing solution is unstable. With that in mind, it wouldn’t be at all surprising to see more acquisitions from Salesforce to further position the company in the communications and collaboration space. Naturally, the acquisition also positions Salesforce better against Microsoft, especially with the clear message from businesses that remote work is here to stay. The acquisition will allow both Slack and Salesforce to take on Microsoft. Slack is being acquired by salesforce.com. The acquisition could help Salesforce compete with its longtime rival Microsoft, which has benefited from an explosion in use of its Microsoft Teams app amid the pandemic. 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