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Salesforce drops $11bn Informatica acquisition pursuit

Salesforce has reportedly backed away from its pursuit to acquire Informatica, a data management software specialist, for roughly $11bn.
Both sides couldn't agree. ....

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Enterprise software firm Informatica eyes nearly $9bn valuation in U.S. IPO

Enterprise software developer Informatica Inc said on Monday it was seeking a valuation of up to $9 billion at the top end of its price range in its U.S. initial public offering. The company said it will be selling 29 million shares priced between $29 and $32 per share. At the top end of that range, the IPO will rake in $928 million in proceeds. Redwood City, California-based ....

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