Slack is the darling of the enterprise software world, and Microsoft reportedly considered buying it for a huge sum of money.
The tech giant was supposedly mulling a bid as large as US$ 8 billion before ultimately deciding against a purchase, according to a report in TechCrunch. An acquisition could have made sense for Microsoft, which has been picking up companies left and right over the past few years.
Slack is right in its wheelhouse, considering that Microsoft has purchased several other productivity-focused startups, including email app Acompli and calendar app Sunrise. Those deals formed the backbone for some of Microsoft’s newer productivity applications, including its Outlook app for iOS and Android.