Salesforce’s Talks to Buy Informatica Fizzle
Talks between Salesforce and data-management software firm Informatica have fizzled after the companies couldn’t agree on terms, according to people familiar with the matter. The Wall Street Journal reported earlier this month that Salesforce was discussing a deal to buy Redwood City, Calif.-based Informatica, which could have been valued in the neighborhood of $10 billion. It would have ranked among Salesforce’s largest acquisitions.
The Wall Street Journal•