Salesforce is back in talks to acquire Informatica

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[NEW YORK] Salesforce is in talks to acquire software company Informatica, rebooting a pursuit that fell through last year, sources familiar with the matter said. San Francisco-based Salesforce held talks to buy the company just over a year ago, Bloomberg News reported at the time. It could be strategic given the intensifying competition in the market for artificial intelligence-driven databases, Bloomberg Intelligence analyst Sunil Rajgopal wrote in a note on Friday. Informatica was taken private in 2015 by Permira and the Canada Pension Plan Investment Board (CPPIB) in a US$5.3 billion transaction. Permira, with almost 32 per cent of Informatica’s shares, remains the company’s largest stockholder, according to data compiled by Bloomberg.

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