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Acquisition talks between Salesforce ($CRM) and data-management software firm Informatica have ended without an agreement, as reported by the Wall Street Journal. The discussions fizzled after the two companies could not agree on terms, and this development was poorly received by shareholders. Wall Street has shown a lack of enthusiasm for the potential pairing of the two firms.
Salesforce, Informatica reportedly can’t agree to deal terms https://t.co/ktGe86rYQi
Sign of the times? Another dead deal! Salesforce’s talks to buy Informatica have fizzled. $CRM $INFA https://t.co/tUH7MOi06i
FORCE PROTECTION: Plug pulled on Salesforce-Informatica talks after shareholders barf on proposed deal. Sun scoop with @laurenthomas @LCooperReports https://t.co/tlMIIr5NeL
