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Salesforce reportedly renews acquisition talks with Informatica

  • Salesforce Inc. is reportedly in talks to acquire data management provider Informatica Inc., with talks being revisited after an earlier failed attempt.
  • Informatica, which went private in 2015 for $5.3 billion and returned to public markets in 2021, saw its shares rise by over 17% on news of the acquisition talks.
  • Informatica's data management platform is used by over 5,000 organizations worldwide, facilitating tasks like moving records between systems and includes an AI assistant named CLAIRE.
  • Salesforce's potential acquisition of Informatica may be announced as early as next week, but discussions could still collapse, with other potential buyers like Cloud Software Group Inc. also expressing interest.

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