Salesforce Could Help Slack Catch Up To Microsoft Teams, Josh Brown Says

Loading...
Loading...

On CNBC's "Fast Money Halftime Report," Josh Brown discussed his thoughts on a potential Salesforce CRM and Slack Technologies WORK deal.

Salesforce could boost Slack's user numbers up, helping it catch up to Microsoft's MSFT Teams numbers, said Brown. Salesforce could also use Slack as a premium way to bring users into its ecosystem and upsell them.

See Also: Slack's Stock Spikes On Salesforce M&A Report

Brown likes the deal, saying Slack would do better with Salesforce than it would by itself. He compared it with how Facebook FB helped further Instagram.

Although bullish, Brown sold his shares on Slack due the pressure on the company and Microsoft's "unhealthy" intent on killing Slack.

Slacks's stock was up 22% at publication time.

Market News and Data brought to you by Benzinga APIs
Posted In: M&ATechMediaCNBCFast Money Halftime ReportJosh Brown
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...