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Messaging startup Slack said to draw interest from Amazon: Bloomberg

Posted by: Admin | Posted on: June 15th, 2017 | 0 Comments


Slack Technologies Inc, a corporate messaging and collaboration software startup, has received inquiries about a potential takeover from technology companies including Amazon.com Inc (AMZN.O), Bloomberg reported on Thursday.

A deal could value the company at at least $9 billion, Bloomberg reported citing people with knowledge of the matter. bloom.bg/2s3CqrD

Slack is a platform where employees can send messages, collaborate, organize and share files. The technology also integrates with a wide variety of business software – such as Salesforce.com Inc (CRM.N) and Microsoft Corp’s (MSFT.O) Skype – so employees can do all their work within Slack.

San Francisco-based Slack has raised more than $500 million from venture capitalists and was valued at $3.8 billion at its last private financing round a year ago.

Both, Amazon and Slack were not immediately available to comment outside of regular U.S. business hours.

(Reporting by Subrat Patnaik in Bengaluru; Editing by Amrutha Gayathri)

Article source: http://feeds.reuters.com/~r/reuters/businessNews/~3/jWEcdrhuVUI/us-slack-m-a-amazon-com-idUSKBN1960DV

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