Messaging startup Slack said to draw interest from Amazon - Bloomberg

Messaging startup Slack said to draw interest from Amazon - Bloomberg

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.

Ilan Frank, Head of Product at Slack, presents during the business messaging company's event i
Ilan Frank, Head of Product at Slack, presents during the business messaging company's event in San Francisco, California, U.S. January 31, 2017. REUTERS/Beck Diefenbach/Files

REUTERS: Slack Technologies Inc, a corporate chatroom 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 US$9 billion, the report said, citing people with knowledge of the matter. (https://bloom.bg/2s3CqrD)

Slack declined to comment, while Amazon did not immediately respond to request for comment.

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.

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

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

Source: Reuters

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