Salesforce

Salesforce in "takeunder" talks to buy Informatica, reveals The Wall Street Journal

Saturday, 13 April 2024, 7:31 am

I see The Wall Street Journal has broken the Informatica takeover story little old Betaville was chasing down yesterday afternoon.

According to the venerable WSJ, Salesforce is in advanced talks to buy US-listed data management company Informatica.

However, in an odd twist the WSJ claims the price of the deal being discussed is below Informatica's current share price of $38.48...

Tuesday, 1 December 2020, 9:34 pm

It really is dealmania out there: Salesforce has just agreed to buy Slack for $27.7 billion.

Below is the link to a report about the announcement:

So that's two blockbuster megadeals (if you include S&P's $44 billion purchase of IHS Markit) this week and it's only Tuesday.....