For Informatica investors, it was the opposite: The price was too low to warrant selling — they wanted more, more, more — and their stock also dropped, down a similar amount over the same period.
The biggest by far of that bunch was the $28 billion deal to buy Slack at the end of 2020.
Informatica is also far smaller than Salesforce, making its potential revenue bump to Marc Benioff’s company modest.
The ace up Informatica’s sleeve is that while its total revenue growth is slow, one important segment of its revenues is expanding quickly.
If we were to compare Informatica cloud net-new ARR that it expects this year instead, the percentage becomes even smaller.
If such a deal were to happen, the cost would likely be pretty substantial, involving some significant premium over the current value.
While Google/Alphabet has been extremely acquisitive over the years, the largest deal that it’s ever made was spending $12.5 billion for Motorola Mobility in 2011.
More recently the largest deal involved spending $5.4 billion for security intelligence platform Mandiant in 2022.
Google usually stays under $3 billion, so a deal of this scope would be very much out of character for the company.
Another issue the company could face in trying to buy HubSpot is a hostile regulatory environment for large deals.
The Oregon House this week passed a right to repair bill by nearly a 3-to-1 margin at 42 votes to 13.
If signed into law, the northwestern state wouldn’t be the first the union to pass a right to repair bill (more like the fourth), but the legislation contains aggressive language that goes beyond those on the books.
“Apple agrees with the vast majority of Senate Bill 1596,” John Perry, Apple senior manager, Secure System Design, said in a testimony to state lawmakers last month.
“By eliminating manufacturer restrictions, the Right to Repair will make it easier for Oregonians to keep their personal electronics running.
they will stand on the hill on is the parts pairing.”The bill has received bipartisan support in both the state Senate and House.
