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Salesforce in advanced talks to purchase Informatica -WSJ

by Index Investing News
April 13, 2024
in Markets
Reading Time: 1 min read
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  • 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.



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Tags: AdvancedInformaticapurchaseSalesforceTalksWSJ
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