Software Companies to Buy That Aren’t Splunk





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Salesforce To Buy Slack In $27.7 Bn Software Megadeal

Salesforce on Tuesday announced a $27.7 billion deal to buy online collaboration firm Slack, giving the business software giant a broader array of tools as the pandemic fuels a remote work trend.

San Francisco-based Salesforce will mesh Slack messaging technology with its platform for managing marketing and sales teams.

“Together, Salesforce and Slack will shape the future of enterprise software and transform the way everyone works in the all-digital, work-from-anywhere world,” Salesforce chief executive Marc Benioff said in a release.

The deal gives Salesforce the popular workplace messaging software developed by Slack which has faced increased challenges during the coronavirus pandemic from video-based services such as Zoom.

Slack co-founder and chief executive Stewart Butterfield said: “As software plays a more and more critical role in the performance of every organization, we share a vision of reduced complexity, increased power and flexibility, and ultimately a greater degree of alignment and organizational

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Salesforce to Buy Software Maker Slack for $27.7 Billion

(Bloomberg) — Salesforce.com Inc. agreed to buy Slack Technologies Inc. for $27.7 billion in cash and stock, giving the corporate software giant a popular workplace-communications platform in one of the biggest technology deals of the year.



an open laptop computer sitting on top of a table: Slack signage on a laptop computer in the Brooklyn Borough of New York, U.S., on Tuesday, Dec. 1, 2020. Salesforce.com's expected purchase of Slack Technologies Inc. will likely be valued in the high $20 billions, according to the WSJ.


© Bloomberg
Slack signage on a laptop computer in the Brooklyn Borough of New York, U.S., on Tuesday, Dec. 1, 2020. Salesforce.com’s expected purchase of Slack Technologies Inc. will likely be valued in the high $20 billions, according to the WSJ.

The transaction, Salesforce’s largest-ever acquisition, is expected to close by the end of July, the San Francisco-based company said Tuesday in a statement. Slack investors will receive $26.78 for each company share as well as 0.0776 share of Salesforce — representing a 55% premium to Slack’s price on Nov. 24, the day before reports about deal talks between the companies.

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Salesforce Chief Executive Officer Marc Benioff has orchestrated more than 60

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Salesforce Agrees to Buy Software Maker Slack for $27.7 Billion

(Bloomberg) — Salesforce.com Inc. agreed to buy Slack Technologies Inc. for $27.7 billion in cash and stock, giving the corporate software giant a popular workplace-communications platform in one of the biggest technology deals of the year.



an open laptop computer sitting on top of a table: Slack signage on a laptop computer in the Brooklyn Borough of New York, U.S., on Tuesday, Dec. 1, 2020. Salesforce.com's expected purchase of Slack Technologies Inc. will likely be valued in the high $20 billions, according to the WSJ.


© Bloomberg
Slack signage on a laptop computer in the Brooklyn Borough of New York, U.S., on Tuesday, Dec. 1, 2020. Salesforce.com’s expected purchase of Slack Technologies Inc. will likely be valued in the high $20 billions, according to the WSJ.

The transaction, Salesforce’s largest-ever acquisition, is expected to close by the end of July, the San Francisco-based company said Tuesday in a statement. Slack investors will receive $26.78 for each company share as well as 0.0776 share of Salesforce — representing a 55% premium to Slack’s price on Nov. 24, the day before reports about deal talks between the companies.

Salesforce Chief Executive Officer Marc Benioff has orchestrated more than 60 acquisitions

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Gifts to buy the PS5 fan right now: Headsets, controllers, games and gadgets

Here are the best headsets, games and gadgets to go with the in-demand next-gen PS5 console this holiday season.

The
PS5 console and digital edition

are sold out everywhere and people are scrambling to score a unit online or with in-person walk-ins at Walmart and GameStop. Some people have given up and plan to look in early 2021. Regardless, there are a lot of cool accessories available to go with the PS5. Some parents might decide that gifting a bundle of accessories with a handmade coupon the gift recipient can exchange for a PS5 console as soon as they’re more readily available is the best they can do. 

And if you’re lucky enough to have already purchased a PS5 console from a pre-order or a restock, then you’re definitely in need of the right accessories to go with it. The PS5 comes with one controller in the box, but sometimes

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Best things to buy on Black Friday: Gift cards? Gadgets? The best and worst products for deals

A fresh wave of COVID-19 lockdowns have shuttered stores and restaurants, but that doesn’t mean that Black Friday deals are shut down. They’re out there, and whether you’re buying online or willing and able to brave the crowds, there are deals to search for as well as ones to avoid. 

Before you firm up your list and whip out your credit card, it’s important to make every dollar work as hard as it can — especially if the coronavirus has put a squeeze on your wallet. Figuring out if you should get that gift card now or in a few weeks can go a long way to maximizing your holiday budget.

The good news: So many sales are starting early that you can snap up some great deals right now — without even having to brave lines and crowds. 

The bad: It can be tricky to figure out what sales

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Comedians Buy Trump 2024 Website Domain to Call President a ‘Loser’

Two comedians have purchased and set up a website for DonaldJTrump2024.com. The site largely mocks President Donald Trump for losing the 2020 presidential election and refusing to concede.



a baseball player throwing a ball: Two comedians have purchased DonaldJTrump2024.com to mock President Donald Trump about his loss in the 2020 election. In this November 26, 2020 photo, Trump golfs at Trump National Golf Club on in Sterling, Virginia.


© Tasos Katopodis/Getty
Two comedians have purchased DonaldJTrump2024.com to mock President Donald Trump about his loss in the 2020 election. In this November 26, 2020 photo, Trump golfs at Trump National Golf Club on in Sterling, Virginia.

The website looks almost identical to Trump’s actual website, DonaldJTrump.com, even using the same main image and font. However, the comedians’ website calls Trump a “loser” six times and has a fictional quote from Trump stating, “I lost the 2020 election.” None of the website’s buttons are linked to any other webpages, essentially making the site just a standalone page.

2020 Election By The Numbers

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The comedians, Jason Selvig and Davram Stiefler who go by The Good Liars, established the

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Salesforce in talks to buy Slack in huge cloud software deal

Cloud software company Salesforce is in talks to buy Slack, the work messaging app, in what would be one of the biggest software transactions to date, according to people familiar with the matter. 

An announcement could be made early next week, one person close to the deal said.

Marc Benioff, the founder and chief executive of Salesforce, has been on a hunt for acquisitions for some time and has been looking at several targets, according to another person briefed on the matter.

Shares in Slack were up 22 per cent after The Wall Street Journal first reported that the two companies had discussed a deal, sending the company’s market value above $20bn. Salesforce stock dropped about 3 per cent on the news. 

Salesforce has been among the big winners of the coronavirus pandemic due to a surge in cloud software spending. By contrast, Slack — an app used by workers

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The best tech stocking stuffers you can buy in 2020

Buy USB-C power bank with stand – $40

Logitech Pebble M350

Holiday Gift Guide: Logitech Pebble M350

Logitech

Logitech’s Pebble M350 is one of the cutest wireless mice we’ve seen in a long time. And it’s made better by its endearing, compact design that actually feels quite comfortable while you’re using it. It’s quite comfortable to use for hours on end and it’s much quieter than other mice — no annoying clicking noises here. You can connect it via Bluetooth to your laptop, or use the included USB receiver if you have a machine that has a USB-A port. You also won’t need to bring an extra charging cable with you; this mouse runs on a single AA battery and should last up to 18 months on a charge.

Buy Logitech Pebble at Amazon – $29 Buy Logitech Pebble at Walmart – $32

Amazon Echo Flex

Holiday Gift Guide: Amazon Echo Flex

Amazon

The Echo Dot is small, but some people don’t

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Shopify Upgraded to Buy at Jefferies on Internet Shopping Growth

Shopify  (SHOP) – Get Report shares rose Thursday after Jefferies analyst Samad Samana upgraded the online-shopping host to buy from hold and lifted his share-price target to $1,250 from $1,150.

“We have a greater appreciation for SHOP’s ability to deliver robust growth for the next several years and reach about $10 billion of revenue in 2025, powered by a structural pull-forward in e-commerce activity and better monetization of [gross merchandise value],” he wrote in a commentary.

Shopify shares recently traded at $977.90, up 5%. They have well more than doubled year to date as Internet shopping has exploded during the coronavirus pandemic.

“We expect SHOP to sustain strong GMV growth in the fourth quarter, powered by holiday shopping,” Samana said. “With [the] shares about 20% off 2020 highs, we see now as an opportunistic entry point.”

The prospects for Shopify in the long term are bright, the analyst

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