"Salesforce Nearing Acquisition of Informatica, Insider Reveals"
Salesforce is in advanced talks to acquire business software maker Informatica, with a deal potentially being announced soon. The price being discussed is reportedly below Informatica's current stock price of $38.48. Informatica, which offers subscription-based data management services over the cloud, was taken private in 2015 and relisted on the NYSE in 2023. Salesforce's interest in Informatica comes after its previous acquisitions of Slack Technologies and Tableau Software, reflecting the company's continued focus on expanding its cloud computing offerings.
