Amalgam Insights’ CEO and Principal Analyst Hyoun Park wrote What Does Salesforce Need to Make Slack Acquisition Work? for No Jitter at the end of December 2020.
“As the tech world is well-aware, Salesforce has made a $27 billion offer for Slack, which would be the second-biggest software acquisition to IBM’s $34 billion purchase of Red Hat in July 2019. With such a gigantic number being thrown around, one simple question looms: Will Salesforce get what it is looking for?
“It’s easy to say that Salesforce is overpaying for Slack based both on the raw numbers and the immediate market response that led to a 10% drop in its stock price. But beyond the immediate response, consider the history leading up this proposed acquisition.”
To read the rest of Park’s analysis, please visit No Jitter.