Slack Technologies, Inc., (NYSE: WORK) acquired Rimeto, a business directory company.
The amount of the deal was not disclosed.
With the acquisition, Rimeto’s advanced profile and directory features will be now integrated into Slack directly.
The acquiring company will also continue to offer Rimeto as a standalone product and support their existing enterprise customers.
Led by founder Ted Zagat, Rimeto offers an enterprise wide, searchable directory, automatically integrating information from across a company to deliver rich profiles of every employee, their skills, experience, and current projects.
Rimeto lets users search across every attribute – whether they are looking for a project leader or everyone who worked with a specific customer, an expert on sales cycles in a particular region, or just want to understand the new member of a team.
The acquisition is not expected to have a material impact on Slack’s results of operations or financial condition for the full year ending January 31, 2021.