Posted 4/15/2024, 3:33:00 AM
Salesforce in Talks to Buy Informatica for Over $11 Billion, Largest Deal Since Slack
- Salesforce reportedly in talks to acquire data management company Informatica for over $11 billion
- Deal would give Salesforce AI-powered data management capabilities to help customers prepare data for generative AI
- Could help Salesforce consolidate customer metadata across multiple platforms
- Comes after Salesforce cut jobs and costs while pausing M&A committee after Slack acquisition
- If finalized, would be Salesforce's largest acquisition since buying Slack for $27 billion in 2021