May 27 (Reuters) - Salesforce ( CRM ) is nearing a
roughly $8 billion deal for data-management software firm
Informatica ( INFA ), the Wall Street Journal reported on
Tuesday, citing people familiar with the matter.
The cloud-software giant is expected to pay $25 per share
for Informatica ( INFA ), in a deal set to be announced later in the day,
the report said.
Salesforce ( CRM ) and Informatica ( INFA ) did not immediately respond to
Reuters' requests for comment. Informatica ( INFA ) shares jumped 7% to
$24.1 in premarket trading, while Salesforce ( CRM ) stock was up 1.6%.
Informatica ( INFA ) is exploring a sale after attracting renewed
takeover interest from suitors, including Salesforce ( CRM ), a person
familiar with the matter told Reuters on Friday.
Salesforce ( CRM ) and Informatica ( INFA ) abandoned their advanced talks
for a deal in April 2024 after failing to agree on the terms.