Salesforce Eyes Informatica to Boost Data Capabilities [Financial Post (Toronto, Ontario, Canada)]
Salesforce, Inc. (CRM)
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Salesforce Inc.'s Marc Benioff is pursuing what would be one of the company's biggest-ever deals after fending of activists investors critical of his reliance on acquisitions. This time Benioff is targeting Informatica Inc., according to people familiar with the matter, in a move that would add to Salesforce's data integration and management capabilities. Article content Article content The two companies have been in talks and could reach a deal as soon as within a week, said the people, who asked not to be identified because the talks were private. A final agreement could take longer than that, or the talks could still end without one, they added. A Salesforce spokesperson said the company doesn't comment on “rumors and speculation.” Informatica couldn't be reached for comment. The talks were reported earlier by the Wall Street Journal. Inf
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