Salesforce Beat Out IBM for $8 Billion Informatica Deal
- Joseph K
- Jun 8
- 1 min read
International Business Machines (IBM, Financials) was among the bidders for Informatica (INFA, Financials) prior to the $8 billion acquisition by Salesforce (CRM, Financials), people familiar with the matter told Bloomberg. Though IBM ultimately did not close the deal, its involvement highlights the competitive bidding process for the cloud data management firm.
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