Informatica says it's not for sale, following Salesforce's reported interest in $10 billion deal
Amit Walia, CEO, Informatica at the New York Stock Exchange, October 27, 2021.Source: NYSEEnterprise data management company Informatica is not currently in talks to be acquired, the company said Monday, after earlier reports suggested that Salesforce was interested in a roughly $10 billion deal.Informatica shares slumped more than 7% on the news, while Salesforce shares rose around 1%. The acquisition would have been Salesforce's largest since the 2021 deal to purchase Slack.The negotiations br...
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