Message Startup Slack Said to Draw Interest From Amazon


Corporate chatroom startup Slack Technologies has received recent inquiries about a potential takeover from technology companies including Amazon, people with knowledge of the situation said, a deal that would be the internet-commerce giant’s biggest ever.

San Francisco-based Slack could be valued at at least $9 billion in a sale, the people said. An agreement isn’t assured and discussions may not go further, said the people, who asked not to be identified because the matter is private.

Buying Slack would help Seattle-based Amazon bolster its enterprise services as it seeks to compete with rivals like Microsoft and Alphabet Inc.’s Google. The company’s cloud-hosting unit, Amazon Web Services, in February unveiled a paid-for video and audio conferencing service — Amazon Chime — that lets users chat and share content.

Corporate chatroom startup Slack Technologies has received recent inquiries about a potential takeover from technology companies including Amazon, people with knowledge of the situation said, a deal that would be the internet-commerce giant’s biggest ever.

San Francisco-based Slack could be valued at at least $9 billion in a sale, the people said. An agreement isn’t assured and discussions may not go further, said the people, who asked not to be identified because the matter is private.

Buying Slack would help Seattle-based Amazon bolster its enterprise services as it seeks to compete with rivals like Microsoft and Alphabet Inc.’s Google. The company’s cloud-hosting unit, Amazon Web Services, in February unveiled a paid-for video and audio conferencing service — Amazon Chime — that lets users chat and share content.

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Source:: Advertising Age Digital

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