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Salesforce to buy Informatica for $8 billion to bolster AI data tools

  • Writer: Joseph K
    Joseph K
  • May 26
  • 1 min read

Salesforce said on Tuesday it would buy Informatica for about $8 billion, betting on the data management platform to sharpen its competitive edge in the booming artificial intelligence market. The cloud-software giant is returning to big-ticket M&A after years on the sidelines, driven by scrutiny from activist investors pressing for better profitability.





 
 
 

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