Salesforce in Talks to Acquire Informatica
If the deal goes through, it would be the biggest for Salesforce since it acquired workplace messaging app Slack Technologies.
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Salesforce is in advanced talks to buy data-management software provider Informatica, the Wall Street Journal reported, citing people familiar with the matter.
According to Wall Street, the price of the deal being discussed is below Informatica’s current stock price of $38.48, which is a potential complication factor. A deal could be announced soon, said the source, who requested anonymity as the discussions are confidential.
Salesforce and Informatica did not immediately respond to requests for comment. If the deal goes through, it would be the biggest for Salesforce since it acquired workplace messaging app Slack Technologies in 2020 for nearly $28 billion.
