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Slack responds to IBM partnership report; says not updating forecast
The IBM logo is seen outside the companys offices in Petah Tikva, near Tel Aviv October 24, 2011. u00e2u20acu201d Reuters pic

NEW YORK, Feb 11 — Slack Technologies Inc said it was not updating its forecasts for the fourth quarter and fiscal year ending in January, responding to a report of a major licensing deal with International Business Machines Corp (IBM) for its workplace messaging app.

Business Insider reported earlier in the day that IBM would deploy the workplace chat app to every single one of its 350,000 employees.

Slack did not explicitly confirm or deny that it had reached a new deal but said in a regulatory filing that IBM had been and continued to be its largest customer.

Shares of Slack, which soared 15 per cent on the report, fell 6 per cent in trading after the bell. — Reuters

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