Salesforce, a leading cloud software company, has reportedly entered advanced talks to acquire data-management firm Informatica. This news has led to a 7% drop in Salesforce shares and a 6% drop in Informatica shares. The acquisition-of-regate/” title=”French Fintech Unicorn Qonto, Rolling in Cash, Makes Exciting Acquisition of Regate!”>potential acquisition price is speculated to be lower than Informatica’s closing stock price of $38.48 on Friday. The specifics of the potential transaction have not been disclosed yet.
Salesforce’s Acquisition History
If the deal goes through, it would be Salesforce’s largest deal since its acquisition of Slack for nearly $28 billion in 2021, which remains the company’s largest acquisition to date. Prior to Slack, Salesforce had acquired data visualization company Tableau for $15.3 billion in 2019, and MuleSoft for $6.5 billion in 2018.
Company Responses
Salesforce has declined to comment on the reports, while Informatica has not responded to requests for comment. The deal, if confirmed, could be announced soon.
