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.
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...
Redwood City, Calif.-based Informatica has a market capitalization of more
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.
Eddie Hearn has been praised for his promotional skills in light of an inspiring team talk doing the rounds. Matchroom Boxing kingpin Hearn has selected five fighters to take on five of Queensberry