New Delhi, Dec 7 (Ians) The $27.7 billion acquisition of workplace collaboration app Slack by Cloud software firm is an expansive buy and according to analysts, the deal will see no change in the short term for Salesforce and Slack customers.
In one of the biggest deals in its history, Salesforce earlier this month announced to acquire Microsoft Teams rival and enterprise chat platform Slack.
As of October, there were 115 million daily active users of Microsoft Teams while Slack had 12 million users in 2019 (the last that it reported active users).
According to Salesforce, combining Slack with its Customer 360 platform will be transformative for the industry.
However, according to Forrester, Employees are more engaged with Salesforce applications in the way they work and communicate.
"If Salesforce can't deliver on this it paid a huge price tag that will result in relatively little impact," said Kate Leggett, Vice President, Principal Analyst at Forrester.
Barron...
In one of the biggest deals in its history, Salesforce earlier this month announced to acquire Microsoft Teams rival and enterprise chat platform Slack.
As of October, there were 115 million daily active users of Microsoft Teams while Slack had 12 million users in 2019 (the last that it reported active users).
According to Salesforce, combining Slack with its Customer 360 platform will be transformative for the industry.
However, according to Forrester, Employees are more engaged with Salesforce applications in the way they work and communicate.
"If Salesforce can't deliver on this it paid a huge price tag that will result in relatively little impact," said Kate Leggett, Vice President, Principal Analyst at Forrester.
Barron...
- 12/7/2020
- by IANS
- GlamSham
Microsoft doesn't receive a lot of accolades in the press--or even much coverage at all--but when it comes the company's legal team, Microsoft sure does deserve a round of applause.
Though Microsoft has struggled to tap into the mobile market, it's actually earning money hand over fist from an unlikely source: Android smartphones. According to Asymco, which cites a report released today by Citi analyst Walter Pritchard, Microsoft earns $5 for every Htc phone sold that runs the Android platform. The Steve Ballmer Tax, as we'll henceforth call it, stems from a patent settlement with Htc over intellectual property infringement that requires the smartphone maker to pay Microsoft a pretty hefty fee for each unit sold--a settlement that is bringing Microsoft Paul-Allen-megayacht-loads of cash.
Asymco estimates that with 30 million Htc Android smartphones shipped, Microsoft has made up to $150 million worth of revenues from the settlement. That's roughly five times as much...
Though Microsoft has struggled to tap into the mobile market, it's actually earning money hand over fist from an unlikely source: Android smartphones. According to Asymco, which cites a report released today by Citi analyst Walter Pritchard, Microsoft earns $5 for every Htc phone sold that runs the Android platform. The Steve Ballmer Tax, as we'll henceforth call it, stems from a patent settlement with Htc over intellectual property infringement that requires the smartphone maker to pay Microsoft a pretty hefty fee for each unit sold--a settlement that is bringing Microsoft Paul-Allen-megayacht-loads of cash.
Asymco estimates that with 30 million Htc Android smartphones shipped, Microsoft has made up to $150 million worth of revenues from the settlement. That's roughly five times as much...
- 5/27/2011
- by Austin Carr
- Fast Company
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