According to the Wall Street Journal, the CRM software company is in advanced discussions to acquire Informatica. Discussions are at an advanced stage and could be concluded this week.
The acquisition of this data management software company would be one of the largest buyouts ever made by Salesforce, according to the Wall Street Journal.
Informatica is based in Redwood City, California. The company has a market capitalization of almost $10 billion. The stock is up 35% since the beginning of 2024.
Informatica reported annual recurring revenue (ARR) from cloud subscriptions in the fourth quarter and for the full year 2023 up 37% to $617 million.
Total GAAP revenue for the full year 2023 increased 6% year-on-year to $1.60 billion.
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Salesforce.com, Inc. is the world leader supplier of Customer Relationship Management (CRM) software on request. Net sales by activity break down as follows:
- online subscriptions sale (92.6%): applications for computerizing the sale forces, optimizing the commercial data processing, managing the call centres, managing the relationship with the partners, etc.;
- professional services (7.4%): consulting, implementation and training services.
Net sales are distributed geographically as follows: Americas (67.8%), Europe (22.8%) and Asia/Pacific (9.4%).
SALESFORCE.COM, INC. 
