Informatica Announces Intent To Acquire Privitar; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Informatica has announced its intention to acquire data privacy company Privitar. The terms of the deal have not been disclosed.
June 14, 2023 | 1:02 pm
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POSITIVE IMPACT
Informatica intends to acquire Privitar, potentially strengthening its data privacy offerings.
The acquisition of Privitar by Informatica is expected to strengthen Informatica's data privacy offerings. This could potentially lead to increased demand for Informatica's products and services, positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100