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 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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