Salesforce drops $11bn Informatica acquisition pursuit

Salesforce has dropped its acquisition plans to buy data management software company Informatica for an estimated $11bn, reports indicate

clock • 2 min read
Salesforce drops $11bn Informatica acquisition pursuit

Salesforce has reportedly backed away from its pursuit to acquire Informatica, a data management software specialist, for roughly $11bn. Both sides couldn't agree on the terms of the deal and ta...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Celerity spices up cloud services offer with Chilli-IT acquisition

Reseller

"Celerity's focus going forward is building a service proposition to deliver our ambitions of managing, securing and transforming hybrid cloud environments," Celerity COO Craig Aston tells CRN

clock 20 May 2024 • 2 min read
IBM QRadar acquisition by Palo Alto Networks marks 'sea change' in SIEM market: analyst

Vendor

‘This is the biggest concession of a SIEM vendor to an XDR vendor so far,’ writes Forrester’s Allie Mellen

clock 17 May 2024 • 3 min read
Inside Crayon's AI-fuelled growth and the future after Mooney

Reseller

The Norwegian reseller is leveraging Microsoft Copilot, strategic acquisitions to double business and maintain investor confidence

clock 16 May 2024 • 6 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

Lenovo's annual results: The key takeaways

Lenovo's annual results: The key takeaways

While revenue grew 10 per cent year-on-year, entire FY turnover is still down by eight per cent

Andrea Gaini
clock 24 May 2024 • 3 min read
5 big figures underscoring Nvidia's 'very strong' first-quarter earnings

5 big figures underscoring Nvidia's 'very strong' first-quarter earnings

The main contributor was Nvidia’s datacentre revenue, which more than quintupled in the first quarter from the same period last year, growing 427 per cent year-over-year to $22.5bn

Dylan Martin
clock 24 May 2024 • 3 min read
Partners react as Nutanix doubles down on channel amid Broadcom-VMware disruption

Partners react as Nutanix doubles down on channel amid Broadcom-VMware disruption

Partners share trust in Nutanix for flexibility, profitable alternatives as Broadcom acquisition shakes up VMware business during .Next conference in Barcelona

Andrea Gaini
clock 23 May 2024 • 6 min read