Bloomberg: Amazon aspires to acquire corporate chat service Slack

Jun

15

2017

Slack has over 5 million active users per day.
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Bloomberg – Technology companies, including Amazon , are considering the acquisition of Slack, which provides corporate messaging, as some companies compete to dominate the business market, Bloomberg news agency reported.

Bloomberg on Thursday quoted people who said they were familiar with the situation that Slack had received final inquiries about a possible acquisition by technology companies. The deal could make the company, based in San Francisco, California, at least $ 9 billion, the sources said.

The agency said its sources, who declined to be identified because it was special, that the agreement is not guaranteed and that discussions may not continue. Representatives of the two companies declined to comment on Bloomberg’s report.

Slack raised $ 200 million in the last round of financing in 2016, bringing its market value to $ 3.8 billion. The company, which in 2013 launched a business-oriented chat, has recently shifted its focus to a higher level. In January, it released an enterprise version of its chat program that allows tens of thousands of employees to collaborate with teams in big companies, Such as IBM.

As part of the competition with Slack to dominate the business market, Microsoft unveiled in November its own chat platform, Teams, which integrates with its cloud service, Office 365.

Slack has more than 5 million active users a day, with more than 1.5 million of them subscribing to the paid service, and recurring annual revenues reached about $ 150 million by January 31.

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