![]() ![]() ![]() Billed as an ’email killer’, Slack allows colleagues to communicate and share data, documents and other items with each other. Slack is a US$25 billion company which specialises in intra-workplace communication via its eponymous flagship app. On the current share price of US$241.35 a share, Salesforce has a gigantic market capitalisation of US$219.6 billion. The company has climbed 193% over the past 5 years, and 576% over the past decade. Salesforce shares have climbed 44.53% in 2020 so far. This company has been on a tear in 2020 (and before that). Salesforce was founded back in 1999, and today provides customer relationship management services as well as marketing automation, analytics, and application development services. Salesforce announced this morning (AEDT time) that it will acquire the workplace communications company Slack Technologies Inc (NYSE: WORK). Inc ( NYSE: CRM) is one of the largest and oldest ‘cloud’ companies in the world. ![]()
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