News Report: Amazon Wants to Buy Slack

Report: Amazon Wants to Buy Slack

Bloomberg is reporting that Amazon has been making inquiries about buying Slack. Citing “people with knowledge of the situation,” the article says the deal would value Slack at $9 billion. Some observers have noted that this number seems high given that the company raised $200 million in its last funding round, which valued the startup at $3.8 billion.

Founded in 2013, Slack offers team collaboration software and services used by many enterprise application development teams. As of Jan. 31 this year, the company had 5 million daily active users and $150 million in recurring annual revenue.

Both companies declined to comment on the story.

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