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Jun 5, 09:34 AM
IBM Explored Informatica Acquisition Before Salesforce's $8 Billion Deal Last Month, Marking Salesforce's Return to Big Acquisitions
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IBM Explored Informatica Acquisition Before Salesforce's $8 Billion Deal Last Month, Marking Salesforce's Return to Big Acquisitions

Authors
  • Bloomberg
  • Oliver Bussmann
  • Markets Today
5

IBM considered acquiring Informatica before Salesforce completed its $8 billion purchase of the software company last month. Multiple sources familiar with the matter indicated that IBM pursued the acquisition but did not finalize a deal. Salesforce's acquisition marks a return to large-scale purchases for the company, highlighting its strategic expansion in the software sector.

Written with ChatGPT (GPT-4).

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