Salesforce’s CRM deal to acquire the team collaboration tools and software maker, Slack Technologies WORK, just moved a step closer to completion after the Department of Justice (DoJ) dropped its antitrust probe into the transaction. In an 8-K filing with the Securities And Exchange Commission on Jul 19, the customer relationship management software maker revealed that the DoJ has informed both the companies regarding the closure of the investigation into the merger deal.Notably, on Feb 16, the DoJ had sought for additional information and documents, which is referred as “second request,” related to their merger deal. Following the completion of the antitrust probe, Salesforce now anticipates to close Slack’s acquisition on or about Jul 21.Salesforce and Slack had announced their entry into a definitive agreement on Dec 1, 2020, under which the former agreed to acquire the latter in a cash and stock transaction worth $27.7 billion.salesforce.com, inc. Price and Consensus salesforce.com, inc. price-consensus-chart | salesforce.com, inc. QuoteThe acquisition of Slack is likely to be a huge win for Salesforce. Firstly, the buyout would enhance Salesforce’s team collaboration software capabilities. The company intends to integrate Slack’s software into its every cloud-based office suits, with the goal of improving collaboration between sales and customer support teams.Secondly, the deal will help Salesforce capitalize on solid opportunities from the major digital transformation initiatives undertaken by organizations. Per MarketsAndMarkets, the global digital transformation market size is estimated to reach $1.01 trillion by 2025 from $469.8 billion in 2020, reflecting a CAGR of 16.5% through 2020-2025.Thirdly, the buyout will bring a massive number of global customers to Salesforce. Slack had ended first-quarter fiscal 2022 with more than 169,000 paid customers. The company would be able to cross sell its cloud-based products to Slack customers.Fourthly, the buyout would help Salesforce in competing with Microsoft MSFT better, which has emerged as a main rival with its Dynamics CRM apps. Over the last year, Microsoft’s Dynamic CRM has been growing at a double-digit pace, courtesy of its ramped-up efforts to cross-sell the products to enterprises.Currently, Salesforce carries a Zacks Rank #3 (Hold).A better-ranked stock in the broader technology sector is Intuit INTU, which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Long-term earnings growth rate for Intuit is pegged at 14.7%. Zacks' Top Picks to Cash in on Artificial Intelligence In 2021, this world-changing technology is projected to generate $327.5 billion in revenue. Now Shark Tank star and billionaire investor Mark Cuban says AI will create "the world's first trillionaires." Zacks' urgent special report reveals 3 AI picks investors need to know about today.See 3 Artificial Intelligence Stocks With Extreme Upside Potential>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report salesforce.com, inc. (CRM): Free Stock Analysis Report Intuit Inc. (INTU): Free Stock Analysis Report Slack Technologies, Inc. (WORK): Free Stock Analysis Report To read this article on Zacks.com click here.