In a bold move to strengthen its position in the global financial technology space, New Zealand-based accounting software giant Xero has announced its plan to acquire U.S. fintech startup Melio in a $2.5 billion deal. The acquisition marks one of Xero’s largest and most strategic investments to date, aimed at expanding its reach into the […]
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Salesforce to Acquire Informatica for $8 Billion to Strengthen AI Data Capabilities.
In a major move to solidify its position in the AI-driven enterprise software space, Salesforce is set to acquire Informatica in a deal valued at $8 billion. The acquisition marks one of Salesforce’s biggest strategic investments in recent years, aimed at enhancing its AI data infrastructure and offering more powerful tools for its customers. Why […]