Salesforce may be in talks to buy Informatica
Summary
Salesforce is in advanced talks to purchase Informatica, and the official announcement could come as early as next week, according to The Wall Street Journal. While neither company has commented on the deal as of Tuesday, the large consolidation of software services could attract regulatory scrutiny, Bloomberg reported Monday. Informaticas Intelligent Data Management Cloud for Healthcare and Life Science enables organizations to exchange data on local systems and through hybrid and multi-cloud environments using Health Level 7 v2, HL7s FHIR standard, and the EDI X12 Health Insurance Portability and Accountability Act standard, according to the companys website. Last year, Salesforce integrated Einstein artificial intelligence services into its Customer 360 for Health platform to improve home healthcare with unified patient insights, including preferences and medication information, from their personal devices. Researchers noted that bulking up with a "significantly larger" organization could help Salesforce better capitalize off that trend and further grow its cloud offering.