In a filing, Slack said 'IBM has been Slack's largest customer for several years and has expanded its usage of Slack over that time.'
Shares of Slack fell after hours after the company filed an 8-K Monday downplaying a news report that sent its stock surging more than 15%.
Earlier in the day, Business Insider reported that Slack had "just scored its biggest customer deal ever," saying IBM had recently decided to deploy its technology to all of its 350,000 employees. Slack said in the filing, "IBM has been Slack's largest customer for several years and has expanded its usage of Slack over that time."
Slack Technologies Inc. CEO Stewart Butterfield stands on the trading floor during the company's IPO at the New York Stock Exchange in New York, U.S. June 20, 2019.
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