Software giant Salesforce in advanced talks to buy Informatica

FILE PHOTO: Salesforce logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

NEW YORK: Customer relations software maker Salesforce is in advanced talks to acquire Informatica, a person familiar with the matter has told Reuters, in the latest sign of increased deal-making in the technology sector.

A deal could be announced soon, said the source, who requested anonymity as the discussions were confidential.