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Salesforce, an organization that sells advertising and marketing and gross sales software program, introduced in December that it could purchase Slack for $27.7 billion in money and inventory, the newest in a sequence of main offers displaying the demand for instruments that enable individuals to work remotely. Adobe mentioned in November that it deliberate to accumulate the administration software program firm Workfront for $1.5 billion, and Atlassian, which sells instruments for builders, mentioned it could purchase the enterprise companies enterprise Mindville for an undisclosed quantity.
The high-profile offers indicated intense competitors available in the market for office software program. Other firms with such merchandise, together with Airtable, Dropbox and Smartsheet, could also be among the many potential targets for acquisitions by highly effective tech firms. Executives at Slack, which was based in 2010, had rejected such provides up to now.
Slack has additionally confronted rising competitors, particularly from Microsoft, which provides a collaboration product known as Teams. In July, Slack filed a criticism with the European Commission that claimed that Microsoft had unfairly bundled Teams with its Microsoft Office work merchandise, together with Word, Excel and PowerPoint.
Though outages had been as soon as pretty widespread for web firms, particularly start-ups that grew shortly, they’ve turn into extra uncommon as a number of tech giants, like Google and Facebook, have constructed networks of interconnected knowledge facilities.
But main companies have skilled widespread issues in latest months, highlighting how reliant many firms, colleges and governments have turn into on these networks. In September, Google companies, together with Gmail, Hangouts, Maps and YouTube, briefly crashed, as did Slack and a collection of Microsoft companies, together with Outlook, Office 365 and Teams. In December, Google suffered one other outage with its apps that lasted about 45 minutes. And in August, an outage involving the video service Zoom prompted issues for a number of hours on what was the primary day of college for a lot of college students.
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