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Messaging startup Slack said to draw interest from Amazon: Bloomberg

June 15, 2017

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

A deal could value the company at at least $9 billion, Bloomberg reported citing people with knowledge of the matter. https://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 and Microsoft Corp’s 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)

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