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HomeBusinessSalesforce is Eyeing a Takeover of Informatica

Salesforce is Eyeing a Takeover of Informatica

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Salesforce (NYSE:CRM) CEO Marc Benioff is eyeing Informatica (NYSE:INFA) for a major acquisition that could rank as one of the company’s most significant, aimed at bolstering Salesforce’s capabilities in data integration and management. According to the Wall Street Journal, Salesforce has been in discussions with Informatica, and while a deal could be announced soon, potentially within a week, there are no guarantees as negotiations could extend or ultimately not lead to an agreement.
The acquisition is poised to be a key strategic move for Salesforce, given Informatica’s current market valuation of approximately $11.4 billion. Informatica stands as a formidable competitor to MuleSoft, Salesforce’s third-largest acquisition.

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