Salesforce CRM -0.42%decrease; red down pointing triangle struck a roughly $8 billion deal for data-management software firm Informatica INFA 1.55%increase; green up pointing triangle, in a bid to bolster its capabilities in the arms race to put artificial intelligence to work.
The details
Salesforce agreed to pay $25 a share for Informatica, the companies announced Tuesday, confirming an earlier report from The Wall Street Journal.
