KEY POINTS
  • Salesforce bought Quip for $582 million in 2016.
  • Quip already offers word processing and spreadsheet tools for free and premium users.
Salesforce co-CEO Marc Benioff speaks at the grand opening of the Salesforce Tower in San Francisco in May 2018.

Microsoft's widely used PowerPoint software for creating slide presentations has some new competition from a familiar rival: Salesforce.

Salesforce's Quip business, which already offers tools for word processing and working on spreadsheets, introduced Quip Slides on Tuesday. The software is available for free users of the service as well as paying corporate customers.