Summize, which uses AI to let in-house legal teams manage contract workflows within apps like Slack, raised $50M, bringing its total funding to $65M
The US Army signs a $5.6B, 10-year contract with Salesforce to speed up outdated practices; as part of the deal, military recruiters will get access to Slack
Recruiters will get access to Slack as part of a contract that reflects the Pentagon's drive to adopt commercial software tools
Salesforce says it is discounting Slack for US agencies, by as much as 90%, through November, following similar deals by Adobe and Google
Bloomberg :
Atlassian plans to acquire video messaging platform Loom for ~$975M, split as ~$880M in cash and the rest in stock, set to close in Q1 2024; Loom has 25M+ users
Loom changed the game with tapping the PLG market. Now, with atlassian all enterprise doors could open as well. [embedded post] @manpageman.bsky.social : Pivot! To! Video! [embedded post] X: Phil ...
Mozilla acquires Pulse, which made an automated status updater for Slack before shuttering, and plans to use its ML tech to improve personalization in Pocket
Firefox developer Mozilla is making a rare foray into the world of mergers and acquisitions, with news that it has snapped …
Adobe's Figma retention package may be the biggest since Facebook bought WhatsApp in 2014, exceeding deal packages from Auth0, LinkedIn, Mobileye, and Slack
a key player in the Figma deal, now on the Adobe side. Salesforce couldn't hold on to Tableau's Adam Selipsky, back as CEO at AWS. https://www.forbes.com/... https://twitter.com/... Alex Konrad / @ale...
Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%
Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wall Street Journal : ...
Rattle, which lets sales teams integrate CRM apps like Salesforce inside Slack or Microsoft Teams, raises a $26M Series A led by Insight Partners
Shubham Sharma / VentureBeat :
Salesforce announces deeper integration between its services and Slack, including Sales Cloud and Tableau, following the close of its Slack acquisition
The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now!
Salesforce's acquisition of Slack is emblematic of a long-standing trend of defensive acquisitions by Big Tech and speaks to the impact of weak antitrust laws
Liz O'Sullivan / Fast Company : Tweets: @paulorf , @fastcompany , and @ophirgottlieb Tweets: Paulo Rodriguez / @paulorf : Amazing article that explains why tech companies in the collaboration space s...