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Financial Focus: Salesforce to buy Slack for $27.7B

Posted at 8:45 PM, Dec 01, 2020

LAS VEGAS (KTNV) — In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas.

Salesforce is buying software maker Slack for $27.7 billion.

According to Bloomberg, Salesforce agreed to buy Slack Technologies for that price in cash and stock.

Analysts say this is one of the biggest tech deals of the year.

This is also Salesforce's largest acquisition ever.

Analysts add it can give the company the boost it needs.

Financial Focus is sponsored by Clark County Credit Union. Watch it weekdays on 13 Action News.