We danced around it all week. We called out the many culprits for Salesforce’s weak quarterly results on Wednesday — and subsequent stock plunge — including an elongated sales cycle, a measured economic environment, and the need for more senior executives to check off on products. But one we didn’t call out was the law … Read more
Amit Walia, CEO, Informatica at the New York Stock Exchange, October 27, 2021. Source: NYSE Enterprise data management company Informatica is not currently in talks to be acquired, the company said on Monday, after earlier reports suggested Salesforce was interested in a roughly $10 billion deal. Informatica shares slumped more than 7% on the news, … Read more
People pass by the Salesforce Tower and Salesforce.com offices in New York City on March 7, 2019. Brendan McDermid | Reuters Salesforce stock fell 5% Monday after reports over the weekend that the cloud software company is in advanced talks to buy data-management firm Informatica. Shares of Informatica dropped 9% Monday following the reports. The … Read more
