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Informatica is exploring a sale after attracting renewed takeover interest from suitors, including Salesforce, a person familiar with the matter told Reuters on Friday.
Shares of Informatica had surged as much as 20% in afternoon trading after Bloomberg News first reported that the two companies are in discussion again. They were up 2.8% in extended trading.
The companies did not immediately respond to Reuters requests for comment. Informatica offers subscription-based data management services over cloud and helps automate tasks for its customers.
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