https://techmonitor.ai/policy/digital-economy/salesforce-informatica-bid

Salesforce has ended its bid for Informatica after disagreeing on terms for the takeover. According to reporting by the Wall Street Journal, the customer relationship management software provider was originally offering to pay around $35 per share for Informatica before talks broke down this weekend. Tech Monitor has approached both companies for comment. 

If it had taken place, Salesforce’s purchase of Informatica would have valued the latter at $11bn and would have been its largest acquisition since it bought messaging platform Slack for $28bn in 2021. Founded in 1993 and headquartered in Redwood, California, Informatica provides a range of data processing and integration services, in addition to cloud management capabilities.