Salesforce talks to buy Informatica fall through- reports
) after the two could not agree to a price, reports from the Wall Street Journal and Reuters showed on Sunday.
The reports come after news had broken earlier in April that enterprise software developer Salesforce was in talks to take over Informatica- a deal that would have ranked among Salesforce’s biggest acquisitions in recent years, after the firm acquired workplace messaging app Slack Technologies (NYSE:
Saleforce's stock was also sitting on a heady 33% jump over the past six months, as the firm incorporated AI into its own products.
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