Salesforce: Assessing Potential Informatica Acquisition Impact On Bullish Thesis

Jemal Countess On Friday after the close, it was reported that Salesforce (NYSE:CRM) was in advanced talks to acquire the data processing company Informatica (INFA). This news likely took many investors by surprise given that CRM management had seemingly committed to a singular focus on profitable growth and capital returns. This acquisition, which would likely carry around a $11 billion price tag, is reminiscent of the company's previous high volume of M&A activity, something that many investors might not ...