Salesforce's talks to buy Informatica fizzle, WSJ reports

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Salesforce and Informatica did not immediately respond to a Reuters request for comment.

© Reuters. FILE PHOTO: A banner celebrating the Informatica IPO on the front of the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2021.  REUTERS/Brendan McDermid/File Photo

The talks between the two tech companies were in advanced stages, Reuters reported earlier this month.

Informatica, founded in 1993, offers subscription-based data management services over the cloud and helps to automate tasks for more than 5,000 active customers.