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Salesforce to Acquire Slack for $27.7 Billion



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Salesforce, which provides marketing and sales software, among other products, has been highly acquisitive as it looks to grow. Under Mr. Benioff, Salesforce has bought at least 60 companies, including 27 in the last five years, according to S&P Capital IQ.Salesforce stock has climbed nearly 40 percent this year, valuing the company at $220 billion. On Tuesday, it said its revenue rose 20 percent to $5.24 billion in the three months ending with October.In February, Salesforce paid $1.3 billion for Vlocity, a mobile software provider. Last year, it bought Tableau, a data analytics provider, for $15.3 billion; in 2018, it bought MuleSoft, a data integration company, …

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