Salesforce In Late Talks To Buy Informatica: WSJ

Salesforce In Late Talks To Buy Informatica: WSJ (CRM) is is in late-stage talks to buy data-management software maker Informatica (INFA), The Wall Street Journal reported Friday night, citing sources.


But the potential deal price being discussed is below Informatica stock’s Friday close of 38.48. INFA stock has soared 43% in 2024 in part on takeover buzz, giving it a market capitalization of $11.20 billion.

Informatica helps companies manage data in the cloud and on site, and has recently rolled artificial intelligence tools.

Salesforce stock fell 1.6% to 294.32 on Friday, falling below its 50-day line. CRM stock has a 318.71 flat-base buy point.

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