Salesforce Backs Out of Informatica Deal, Reports

Salesforce has withdrawn from discussions for the potential takeover of Informatica, according to sources close to the matter.

The reports claim that the two tech firms have been unable to agree on terms, with an unidentified Bloomberg source stating that the disagreement is due to price.

The apparent breakdown in talks comes just over a week after news broke that Salesforce was deep in discussions to acquire the global data integration platform provider.

https://www.cxtoday.com/crm/salesforce-backs-out-of-informatica-deal-reports/