Salesforce is in advanced talks to buy Informatica: report
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Exclusive | Salesforce in Advanced Talks to Buy Informatica
Redwood City, Calif.-based Informatica has a market capitalization of more than $11 billion after a 43% run-up in its shares this year as...
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Software giant Salesforce in advanced talks to buy Informatica
Customer relations software maker Salesforce is in advanced talks to acquire Informatica, a person familiar with the matter told Reuters on Friday, in the latest sign of increased deal-making in the technology sector.
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Salesforce is in advanced talks to buy Informatica, WSJ reports
The price of the deal being discussed is below Informatica's current stock price of $38.48, which is a potential complication factor, the Journal said. Salesforce and Informatica did not immediately respond to a Reuters' request for comment. Informatica, based out of Redwood city, California, is a cloud management company and has a market capitalization of about $11.35 billion.