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Posted by
Two Blokes May 27, 2025 -
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Stock
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Salesforce Inc (NYSE:CRM, ETR:FOO) announced that it has signed a definitive agreement to acquire Informatica (NYSE:INFA), a leader in cloud data management, in an $8 billion all-cash deal aimed at accelerating its artificial intelligence (AI) capabilities. The company will pay $25 per share for Informatica, significantly below the mid-$30s per share price previously discussed in April.
