Slack Technologies Inc. (WORK) on Wednesday announced a set of technologies, called Slack Connect, that enhances its real-time communications collaboration platform across multiple businesses. A company spokesperson said the ultra-secure system, which has been in the works for four years, represents for Slack, "The future of business connection." The San Francisco-based company is locked in a fierce duel with Microsoft Corp. (MSFT) and its Teams product for enterprise customers. Slack shares are down 4% in late-morning trading.
-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
June 24, 2020 11:32 ET (15:32 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.