- Salesforce (NYSE:CRM) is in advanced discussions to acquire data-management software provider Informatica (NYSE:INFA).
- The price that’s being discussed is below Informatica’s (INFA) current price of $38.48 as the shares have jumped 35% this year, according to a WSJ report late Friday, which cited people familiar with the matter.
- Informatica (INFA) has a market cap of $11.5 billion.
- Informatica (INFA) is scheduled to report Q1 results on May 1.