- Joseph K
Informatica Co-Founder: The Salesforce Acquisition Is “a Bad Idea”
Salesforce is on the cusp of acquiring global data integration platform provider Informatica, according to reports in The Wall Street Journal and Bloomberg.
Bloomberg – citing “people familiar with the matter” – has even intimated that the two companies might finalize an agreement by the end of the week.
While talk of the potential merger has generated a lot of buzz in the CX tech space, not all of it has been positive.
After the news broke, Gaurav Dhillon – the Co-Founder of Informatica and current Chief Executive of Software Company SnapLogic – blasted the reported acquisition, describing it as a “real step backward” for Salesforce.