07:19 AM EDT, 06/05/2025 (MT Newswires) -- International Business Machines ( IBM ) had held takeover talks with Informatica ( INFA ) before Salesforce ( CRM ) agreed to acquire Informatica ( INFA ) in a deal worth about $8 billion, Bloomberg News reported Thursday, citing people familiar with the matter.

Salesforce ( CRM ) agreed to buy the cloud data management firm last month in a deal expected to close early in Salesforce's ( CRM ) fiscal 2027.

"We were lucky to be the winning bid," Salesforce ( CRM ) Chief Executive Marc Benioff recently said, according to the Bloomberg report.

IBM ( IBM ), Informatica ( INFA ), and Salesforce ( CRM ) did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)