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Informatica quashes rumours of potential acquisition talks
short by Rameez Reza / on Tuesday, 23 April, 2024
Informatica has publicly denied involvement in acquisition discussions, contrary to previous reports that Salesforce was interested in purchasing the company for approximately $11 billion. Negotiations reportedly stalled due to disagreements over valuation. Informatica's CEO, Amit Walia, affirmed the company's strong financial position and highlighted their focus on upcoming quarterly results.
read more at Geekflare