Salesforce needs to get back into the M&A business, says analyst

Salesforce (CRM) withdrew from a deal to acquire Informatica in April this year after the two sides could not agree on terms. The deal was valued at over $11.4 billion.

Third Bridge analyst Charlie Miner joins Market Domination Overtime to provide insight into the deal and the prospects for another M&A deal involving Salesforce.

“The data cloud has become their second priority after AI, but I think there are definitely gaps here. It's a pretty immature product. The ARR (annual recurring revenue) is still under half a billion, so there's still a lot of work to do, both in terms of growth and product development. I think M&A will pick up again. This is a company that has grown on the back of M&A, says Miner.”

Click here to watch the full episode of Market Domination Overtime for more expert insights and information on current market events.

This article was written by Nicolas Jacobino