At 26x Forward Sales, Salesforce Overpays For Slack By acquiring Slack’s over 130,000 paid customers, Salesforce adds to its enterprise applications portfolio in its competition with Microsoft. As CNBC reported Microsoft and Salesforce face off in
Customer relationship management.Salesforce is way ahead of Microsoft;
Business networking. Microsoft won the acquisition battle for LinkedIn;
Data visualization. Salesforce acquired Tableau last year to take on Microsoft’s Power BI; and
Productivity software. Salesforce lags — despite its 2016 Quip acquisition — behind Microsoft’s Office suite, Google and others.
Read more at https://www.forbes.com/sites/petercohan/2020/12/02/at-26x-forward-sales-salesforce-overpays-for-slack/?sh=13e15dd35cb8