Salesforce Discussing Potential Acquisition of Informatica: Salesforce, a leading customer relationship management software provider,
is nearing a deal to acquire Informatica, a source familiar with the discussions informed Reuters on Friday.
This highlights a surge in technology sector mergers and acquisitions.

According to the source, who asked to remain anonymous due to the private nature of the negotiations,
the deal could be announced imminently.

Content

Negotiations

Informatica

Salesforce

Negotiations

The negotiation price is reportedly lower than Informatica’s current share price of $38.48,
as the Wall Street Journal initially reported, which broke the news of the discussions between Salesforce and Informatica.

Neither Salesforce nor Informatica has yet responded to requests for comments.

Permira, a private equity firm with the Canadian Pension Plan Investment Board (CPPIB),
owns more than 75% of Informatica, declined to comment. CPPIB was unavailable for comment.

Informatica

Founded in 1993, Informatica provides subscription-based data management services
through the cloud and assists over 5,000 active customers in automating tasks.

As per its website in Redwood City, California, its client roster includes major corporations like Unilever and Deloitte.
Informatica’s stock has increased nearly 43% this year, bringing its valuation to approximately $11.35 billion.

In 2015, Informatica was privatized in a $5.3 billion deal by a consortium including Permira and CPPIB.
Permira and CPPIB re-listed Informatica’s shares on the New York Stock Exchange six years later.

If this acquisition is completed, it will be Salesforce’s most
giant since its launch of Slack Technologies in 2020, costing nearly $28 billion.

Salesforce

Early in 2023, Salesforce’s acquisition strategy was closely scrutinized by activist investors,
including ValueAct Capital and Elliott Management, who called for strategic changes.
In response, Salesforce reduced costs, increased share buybacks, and dissolved its M&A board committee.

Salesforce has been an active participant in the acquisition landscape.
In 2019, it purchased Tableau Software in an all-stock deal valued at $15.7 billion.

Several significant transactions have occurred amid the tech sector’s enthusiasm for artificial intelligence.

In January, Synopsys agreed to acquire Ansys for about $35 billion.
Hewlett Packard Enterprise also moved in January, acquiring networking gear manufacturer Juniper Networks for $14 billion.

According to Dealogic data, the technology sector accounted for the largest
share of mergers and acquisitions in the first quarter, with a 42% year-on-year increase to approximately $154 billion.

Salesforce Discussing Potential Acquisition of Informatica

Salesforce Discussing Potential Acquisition of Informatica

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