This chart shows how the Salesforce acquisition of Slack for $27.7 billion stacks up against tech’s largest deals ever (MSFT, CRM, WORK)

Salesforce

With the acquisition of Slack, Salesforce is making its most expensive bet ever: That the latest workplace messaging app du jour is worth $27.7 billion. 

Slack has become the predominant workplace messaging software, and it’s become more critical than ever with millions of people working from home amid the ongoing pandemic. The purchase of Slack is a direct shot at Salesforce’s longtime rival, Microsoft, which has had its own success with the workplace messaging tool Microsoft Teams.

Salesforce CEO Marc Benioff described the combination of Salesforce and Slack as “a match made in heaven.” According to Benioff, the two will, “shape the future of enterprise software and transform the way everyone works in the all-digital, work-from-anywhere world.”