The Case For Against Salesforce Buying Slack

CNBC
By Staff of CNBC
Business News Television Channel •

Salesforce announced its intent to buy Slack this week for nearly $28 billion, which would be the second-biggest software deal ever.

(Video length 00:03:17)

Salesforce announced its intent to buy Slack this week for nearly $28 billion, which would be the second-biggest software deal ever. Not only is the price high, the deal is expensive. Salesforce is paying 24 times next year’s sales. So is it a good idea? CNBC’s Jon Fortt gives both sides of the issue.

STOCKS IN THIS ARTICLE

CRMWORK
Track all markets on TradingView

More from this Author

Target’s Holiday-Quarter Sales And Store Traffic Drop, As Retailer Tries To Snap Its Slump

Target’s Holiday-Quarter Sales And Store Traffic Drop, As Retailer Tries To Snap Its Slump

CNBC •
Comcast Beats Earnings Estimates Despite More Broadband Subscriber Losses

Comcast Beats Earnings Estimates Despite More Broadband Subscriber Losses

CNBC •
GM Raises Guidance After Beating Wall Street Expectations, Lowering Tariff Costs

GM Raises Guidance After Beating Wall Street Expectations, Lowering Tariff Costs

CNBC •

Comments

Back to all articles