"Salesforce in Negotiations to Acquire Informatica, According to Wall Street Journal"
TL;DR Summary
Salesforce is reportedly in advanced discussions to acquire Informatica, a cloud data management company based in Redwood City, California, with a market value of about $11.4 billion. Informatica's shares have risen 36% this year to $38.48, and the company projected a 6% increase in fiscal-year revenue to $1.7 billion.
Topics:business#acquisition#business-and-technology#cloud-data-management#informatica#salesforce#wall-street-journal
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