CRM powerhouse Salesforce has acquired enterprise communication platform Slack in a $27.7 bn megadeal, slightly higher than the market valuation of $ 25 bn. The deal will have Salesforce to compete with arch-rival and sometimes partners like Microsoft, whose Teams product is a direct challenge to Slack. Slack was ripe for the acquisition as at the beginning of the year 2020 it had lost around 40% of its value since it went public. 

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