M&A Deal Summary

Slack Acquires Rimeto

On July 8, 2020, Slack acquired internet software and services company Rimeto

Acquisition Highlights
  • This is Slack’s 4th transaction in the Internet Software and Services sector.
  • This is Slack’s 5th transaction in the United States.
  • This is Slack’s 3rd transaction in California.

M&A Deal Summary

Date 2020-07-08
Target Rimeto
Sector Internet Software and Services
Buyer(s) Slack
Deal Type Add-on Acquisition

Target

Rimeto

San Francisco, California, United States
Rimeto brings together any information, from any system so people holistically understand all their colleagues, across business units, functions & geographies.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Slack

San Francisco, California, United States

Category Company
Founded 2009
Sector Internet Software and Services
Employees2,400
Revenue 630M USD (2020)
DESCRIPTION

Slack Technologies, Inc. is a collaboration hub for teamwork, where the right people are always kept in the loop and key information is always at their fingertips. Work in Slack happens in channels, so all the right people can be included, all relevant information kept in one place, and new team members are able to get up to speed easily.


DEAL STATS #
Overall 5 of 5
Sector: Internet Software and Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
State: California M&A 3 of 3
Country: United States M&A 5 of 5
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-24 Astro

Palo Alto, California, United States

Astro is an artificial intelligence company in Palo Alto, bringing AI to workplace communications, starting with email. In 2017 the Company launched its intelligent email and calendar app for Mac, iOS and Android, Amazon Alexa and Slack.

Buy -