Salesforce (NYSE:CRM) and Informatica takeover talks stall over pricing
Negotiations between Salesforce (NYSE:CRM) and Informatica (NYSE:INFA) concerning a potential takeover have reached a standstill due to disagreements over the purchase price, a source close to the matter revealed.
The talks, which could have resulted in one of Salesforce's largest acquisitions, have not seen progress as both companies failed to reach a consensus on the valuation.
This development marks a significant pause in what would have been a major expansion for Salesforce, following its historic purchases such as the $27 billion acquisition of Slack Technologies in 2021 and the $15 billion takeover of Tableau Software in 2019.
Both Salesforce and Informatica have opted not to comment on the matter.
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