Salesforce abandons pursuit of Informatica
by ETtech.com
ETtech.com— Business software maker Salesforce has backed away from its talks to acquire data-management software firm Informatica after the two companies could not agree on terms, a person familiar with the matter told Reuters on Sunday. The talks between the two companies were at an advanced stage earlier in April, Reuters reported. If the two sides had agreed on a deal, it would've ranked as one of Salesforce's biggest acquisitions. Salesforce and Informatica did not immediately respond to requests for...
www.breakingthenews.net—Salesforce's talks to acquire Informatica allegedly fall through. The talks between Salesforce Inc. and data-management software firm Informatica Inc. allegedly came to a grinding halt, The Wall Street Journal reported, citing people familiar with the matter. The t
TechCrunch—Informatica makes a point to say it's not for sale — to Salesforce or anyone else. Nothing gets us going like a big M&A rumor, and history has shown where there’s smoke there has often been fire — but that’s not always the case. Last week the big rumor involved Salesforce acquiring Informatica in a deal amounting to somewhere between the $6.5 billion 2018 MuleSoft deal and the $15.7 billion Tableau […] © 2024 TechCrunch. All rights reserved. For personal use only.
CNBC—Informatica says it's not for sale, following Salesforce's reported interest in $10 billion deal. Informatica said Monday it was not currently in talks to sell itself, pouring cold water on reports that Salesforce was discussing a roughly $10 billion deal.