Messaging startup Slack launches new product to power big businesses

By Heather Somerville SAN FRANCISCO (Reuters) – Slack Technologies Inc, a Silicon Valley messaging and collaboration software company, is making a strong push to expand its business by selling technology to some of the largest corporations in the country. Slack on Tuesday unveiled a new product designed for big companies such as International Business Machines Corp, Capital One Financial Corp and PayPal Holdings Inc. The Slack Enterprise Grid is set up for companies with hundreds of thousands of employees and strict compliance requirements. The technology also integrates with a wide variety of business software – such as Inc and Skype – so employees can do all their work within Slack.

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