Informatica says it is not in any acquisition talks
April 22, 2024 at 09:22 am EDT
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April 22 (Reuters) - Data-management software firm
Informatica said on Monday it is not currently engaged
in any discussions to be acquired.
Salesforce has backed way from its talks to acquire
Informatica after the two companies could not agree on terms, a
person familiar with the matter told Reuters on Sunday.
(Reporting by Zaheer Kachwala in Bengaluru; Editing by Devika
Syamnath)
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%).