Salesforce's $11 billion deal to acquire Informatica falls through due to disagreement on terms. Find out why!
Salesforce's ambitious plan to acquire Informatica in an $11 billion deal has hit a roadblock. Reports suggest that Salesforce has abandoned its pursuit of the data management software giant, Informatica, citing disagreements on the terms of the deal. This unexpected turn of events has left the tech industry buzzing with speculation and curiosity.
The negotiation breakdown between Salesforce and Informatica highlights the challenges in reaching agreements on such significant acquisitions. Despite Salesforce's aggressive acquisition strategy in the past, the inability to seal the deal with Informatica raises questions about the future direction of both companies in the competitive tech market.
Informatica's firm stance on not being for sale adds another layer of complexity to the failed acquisition talks. With Salesforce's track record of successful acquisitions like Slack and Tableau, the sudden halt in discussions with Informatica has raised eyebrows and triggered discussions among industry analysts.
CX Today's coverage of Salesforce backing out of the Informatica deal underscores the fast-paced and unpredictable nature of the CRM and data management sectors. The implications of this failed acquisition attempt extend beyond the two companies involved, impacting the overall landscape of business software and data management in the tech industry.
Salesforce has dropped its acquisition plans to buy data management software company Informatica for an estimated $11 billion, reports indicate.
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Cloud-based software firm Salesforce's plans to purchase data-management software provider Informatica have reportedly stalled.
(Bloomberg) -- Informatica Inc. said it's not engaged in takeover talks following reports that discussions with Salesforce Inc. had cooled.
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