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  • Salesforce is in advanced talks to buy Informatica: report

    Salesforce is in advanced talks to acquire data-management software provider Informatica, the Wall Street Journal reported on Friday, citing people familiar with the matter. 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...

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    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...