Our Slack M&A Prediction: Correct Price Range, Wrong Buyer?!

A brief note on Salesforce acquisition of Slack.

Dear friends,

As some of you may recall, back in June we wrote the post entitled ‘Will Amazon Snatch Slack?’. Although Salesforce turns out to be the actual buyer rather than Amazon, our acquisition pricing prediction (23 - 27Bn$) is not that far of from what the media outlets are reporting which is circa $27.7Bn.

In addition to the mentioned post above, our then independent Kahler Insights team published another post entitled ‘The future of Slack: Could a Merger with Dropbox Create a $60Bn Company?’.

We’re still of the opinion that a merger with Dropbox could have created a $60Bn company and thus higher value for Slack’s shareholders than what they are getting from Salesforce!

Who Will be Next?

Well, as the old saying goes, the M&A genie is out of the bottle! We’re likely to witness further consolidation in the enterprise software space. Dropbox and Box are strong and mature candidates to be aquired by the other legacy enterprise software giants such as; IBM, SAP, Workday and Oracle.


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Research Credits: This post was powered by our amazing quant market intelligence platform team Kähler Insights.