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-0.000467872738615114 0.000155957579538445 0.00109170305676845 0.00265127885215224 -0.000935745477230229 0.00499064254522759 0.00389893948845914 0.00810979413599495
Stock impact report

Informatica makes a point to say it's not for sale – to Salesforce or anyone else [TechCrunch]

Informatica Inc. (INFA) 
Company Research Source: TechCrunch
Last week the big rumor involved Salesforce acquiring Informatica in a deal amounting to somewhere between the $6.5 billion 2018 Mulesoft deal and the $15.7 billion Tableau acquisition the following year. It would have been a big deal, except it reportedly fizzled over the weekend – if it ever was a thing at all. Informatica went so far as to publicly announce on Monday that it wasn't for sale. “In addition, on April 12, 2024, The Wall Street Journal published a story that the Company was in advanced talks to be acquired, according to sources familiar with the matter. Although Informatica's policy is not to comment on market rumors or media speculation, the Company announced that it is not currently engaged in any discussions to be acquired,” the company wrote in a press release on Monday. You don't usually see a company respond to rumors in this fashion, but Informatica felt compelled to publicly state it wasn't in talks – with anyone. As Constellation's Ray Wang told TechCru Show less Read more
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