Informatica Says It's Not Currently Engaged in Acquisition Talks-March 2024-www.financetom.com

Informatica Says It's Not Currently Engaged in Acquisition Talks

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Informatica Says It's Not Currently Engaged in Acquisition Talks

Apr 22, 2024 6:50 AM

09:24 AM EDT, 04/22/2024 (MT Newswires) -- Informatica ( INFA ) on Monday said the company is not "currently engaged" in takeover talks.

The Wall Street Journal reported late Sunday, citing unnamed sources familiar with the matter, that talks between the company and Salesforce ( CRM ) had failed.

Informatica ( INFA ) on Monday did not mention the latest Journal report, but refuted the paper's initial story on April 12 that the companies were in advanced merger talks.

"Although Informatica's ( INFA ) policy is not to comment on market rumors or media speculation, the company announced that it is not currently engaged in any discussions to be acquired," Informatica ( INFA ) said in a statement.

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