{"id":47878,"date":"2021-06-07T15:51:58","date_gmt":"2021-06-07T22:51:58","guid":{"rendered":"https:\/\/www.salesforce.com\/?p=47878"},"modified":"2021-06-07T15:51:59","modified_gmt":"2021-06-07T22:51:59","slug":"marc-benioff-discusses-q1-fy22-results-and-the-future-of-work-with-sara-eisen-on-cnbcs-closing-bell","status":"publish","type":"post","link":"https:\/\/www.salesforce.com\/news\/stories\/marc-benioff-discusses-q1-fy22-results-and-the-future-of-work-with-sara-eisen-on-cnbcs-closing-bell\/","title":{"rendered":"Marc Benioff Discusses Q1 FY22 Results and the Future of Work with Sara Eisen on CNBC\u2019s Closing Bell"},"content":{"rendered":"\n<p>Salesforce Chair and CEO Marc Benioff joined Sara Eisen on CNBC\u2019s \u201cClosing Bell.\u201d The two discussed the company\u2019s strong quarter, customer success, the future of work and more.\u00a0See video highlights <a href=\"https:\/\/www.cnbc.com\/video\/2021\/06\/07\/crms-benioff-were-about-to-pass-sap-as-the-largest-enterprise-software-company.html?&amp;qsearchterm=benioff\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<p>Key quotes from Benioff are here:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>&#8220;Every company is recreating itself. We\u2019ve created a whole new world, a new digital future.&#8221;<\/li><li>&#8220;We need a new technology harness to help companies connect with their employees and their customers.&#8221;\u00a0<\/li><li>&#8220;Trust is our highest value. Nothing is more important than the trust that we have with our employees, our customers, our partners \u2014 all of our stakeholders.&#8221;<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Forward-Looking Statements<\/strong><\/p>\n\n\n\n<p>This communication may relate to a proposed business combination transaction between <a href=\"http:\/\/salesforce.com\/\">salesforce.com<\/a>, inc. (\u201cSalesforce\u201d) and Slack Technologies, Inc. (\u201cSlack\u201d). This communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements relate to future events and anticipated results of operations, business strategies, the anticipated benefits of the proposed transaction, the anticipated impact of the proposed transaction on the combined company\u2019s business and future financial and operating results, the expected amount and timing of synergies from the proposed transaction, the anticipated closing date for the proposed transaction and other aspects of our operations or operating results. These forward-looking statements generally can be identified by phrases such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cforesees,\u201d \u201cforecasts,\u201d \u201cestimates\u201d or other words or phrases of similar import.&nbsp; It is uncertain whether any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what impact they will have on the results of operations and financial condition of the combined companies or the price of Salesforce\u2019s or Slack\u2019s stock. These forward-looking statements involve certain risks and uncertainties, many of which are beyond the parties\u2019 control, that could cause actual results to differ materially from those indicated in such forward-looking statements, including but not limited to: the impact of public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics and any related company or government policies and actions to protect the health and safety of individuals or government policies or actions to maintain the functioning of national or global economies and markets; the effect of the announcement of the merger on the ability of Salesforce or Slack to retain and hire key personnel and maintain relationships with customers, suppliers and others with whom Salesforce or Slack do business, or on Salesforce\u2019s or Slack\u2019s operating results and business generally; risks that the merger disrupts current plans and operations and the potential difficulties in employee retention as a result of the merger; the outcome of any legal proceedings related to the merger; the ability of the parties to consummate the proposed transaction on a timely basis or at all; the satisfaction of the conditions precedent to consummation of the proposed transaction, including the ability to secure regulatory approvals on the terms expected, at all or in a timely manner; the ability of Salesforce to successfully integrate Slack\u2019s operations; the ability of Salesforce to implement its plans, forecasts and other expectations with respect to Salesforce\u2019s business after the completion of the transaction and realize expected synergies; and business disruption following the merger. These risks, as well as other risks related to the proposed transaction, are included in the registration statement on Form S-4 (as amended, the \u201cRegistration Statement\u201d) that was filed by Salesforce with the Securities and Exchange Commission (\u201cSEC\u201d) and declared effective by the SEC on January 29, 2021, the prospectus that was filed by Salesforce with the SEC on January 29, 2021 (the \u201cProspectus\u201d) and the definitive proxy statement that was filed by Slack with the SEC on January 29, 2021 (the \u201cProxy Statement\u201d).&nbsp; While the list of factors presented here is, and the list of factors presented in the Registration Statement, Prospectus or Proxy Statement are, considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. For additional information about other factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to Salesforce\u2019s and Slack\u2019s respective periodic reports and other filings with the SEC, including the risk factors identified in Salesforce\u2019s and Slack\u2019s most recent Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. The forward-looking statements included in this communication are made only as of the date hereof. Neither Salesforce nor Slack undertakes any obligation to update any forward-looking statements to reflect subsequent events or circumstances, except as required by law.<\/p>\n\n\n\n<p>No Offer or Solicitation<\/p>\n\n\n\n<p>This communication is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.&nbsp; No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.&nbsp;<\/p>\n\n\n\n<p>Additional Information about the Merger and Where to Find ItIn connection with the proposed transaction, Salesforce filed with the SEC the Registration Statement and the Prospectus, and Slack filed with the SEC the Proxy Statement.&nbsp; The Registration was declared effective on January 29, 2021 and the Prospectus and the Proxy Statement were first mailed to shareholders of Slack on or about January 29, 2021.&nbsp; Each of Salesforce and Slack may also file other relevant documents with the SEC regarding the proposed transaction. The information in the Prospectus and Proxy Statement may be changed. This document is not a substitute for the Registration Statement, the Prospectus and the Proxy Statement or any other document that Salesforce or Slack may file with the SEC.&nbsp; INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, THE PROSPECTUS AND THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.&nbsp; Investors and security holders are able to obtain free copies of the Registration Statement, the Prospectus and the Proxy Statement and all other documents containing important information about Salesforce, Slack and the proposed transaction, once such documents are filed with the SEC, through the website maintained by the SEC at <a href=\"http:\/\/www.sec.gov\/\">http:\/\/www.sec.gov<\/a>.&nbsp; Copies of the documents filed with the SEC by Salesforce may be obtained free of charge on Salesforce\u2019s website at <a href=\"http:\/\/www.salesforce.com\/investor\">http:\/\/www.salesforce.com\/investor<\/a> or by contacting Salesforce\u2019s Investor Relations department at investor@salesforce.com.&nbsp; Copies of the documents filed with the SEC by Slack may be obtained free of charge on Slack\u2019s website at <a href=\"http:\/\/investor.slackhq.com\/\">investor.slackhq.com<\/a> or by contacting Slack\u2019s Investor Relations department at ir@slack.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Salesforce Chair and CEO Marc Benioff joined Sara Eisen on CNBC\u2019s \u201cClosing Bell.\u201d The two discussed the company\u2019s strong quarter, customer success, the future of work and more.\u00a0See video highlights here. Key quotes from Benioff are here: &#8220;Every company is recreating itself. We\u2019ve created a whole new world, a new digital future.&#8221; &#8220;We need a [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":47885,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sf_subhead":"","sf_i18n_disclaimer":false,"_jetpack_memberships_contains_paid_content":false,"alternateThumbnailId":0,"sf_product_cta_id":0,"footnotes":""},"categories":[1],"tags":[],"sf_content_type":[1728],"sf_theme":[1915],"sf_topic":[1732],"sf_product":[],"sf_industry":[],"sf_role":[],"sf_multimedia_asset":[],"sf_location":[1724],"sf_collection":[],"sf_visibility":[],"coauthors":[],"class_list":["post-47878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","sf_content_type-snapshots","sf_theme-future-of-work","sf_topic-future-of-work","sf_location-amer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Marc Benioff Discusses Q1 FY22 Results and the Future of Work with Sara Eisen on CNBC\u2019s Closing Bell - 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