Tuesday, 12 February 2019

Does Slack’s move to go public make it an acquisition target?

Slack announced last week that it is preparing for a public listing, capitalizing on huge growth in the six years since its launch. But could the popular workplace collaboration software company get acquired even before it hits the stock market?

“The fact that Slack is heading for a stock market listing indicates that its investors are looking for an exit/ROI opportunity, so it’s not beyond the realms of possibility that they’d consider an acquisition instead,” said Angela Ashenden, principal analyst at CCS Insight.

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(Insider Story)

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