According to sources cited by The Wall Street Journal, Salesforce has initiated negotiations to acquire the business of Informatica, a company that provides data management services for organizations. Informatica is a company in the Nasdaq market with a business valuation of $11.355 billion as per the latest stock price, which would be a minimum price if Salesforce wishes to acquire the business.
This potential deal resembles past large-scale acquisitions by Salesforce, such as Slack ($27.7 billion) and Tableau ($15.7 billion).
Source: The Wall Street Journal
TLDR: Salesforce is in talks to acquire Informatica, a data management company, in a deal that echoes their previous large-scale acquisitions like Slack and Tableau.
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