Salesforce (CRM) in Takeover Talks With Informatica Per Reports
CRMsalesforce(CRM) Zacks Investment Research·2024-04-15 23:11

Salesforce, Inc. (CRM) is reportedly in advanced discussions to acquire Informatica Inc. (INFA) , a leading provider of enterprise cloud data management and integration solutions. If the deal materializes, it will be the biggest acquisition deal by Salesforce since the takeover of Slack Technologies in 2020 for approximately 28billion.Ataclosingpriceof28 billion. At a closing price of 38.48 per share as of Apr 12, Informatica has a market capitalization of $11.4 billion. Acquisition to Boost Data Capabilities While neither company ...