Informatica is being acquired by Salesforce in a transaction estimated to be around $8 billion.
Salesforce Agrees to Acquire Informatica in a $8 Billion Deal
In a significant move to bolster its presence in the rapidly evolving enterprise data and AI markets, Salesforce has announced its intention to acquire AI-powered cloud data management company Informatica. The agreement values Informatica at roughly $8 billion.
Informatica's shareholders will receive $25 per share, representing an approximately 11% premium compared to the company's closing price on Friday ($22.55). This transaction will grant Salesforce access to Informatica's extensive data management capabilities, including data integration, data quality, data governance, and master data management (MDM).
In a statement released on Tuesday, Informatica CEO Amit Walia expressed that this merger represents a significant step forward in their mission to bring data and AI to life by empowering businesses with their most valuable asset—data. He emphasized that both companies share a vision for helping organizations maximize the full potential of their data in the AI era.
Washington, President and COO of Salesforce, also commented that the acquisition will allow the company to capitalize on Informatica's abilities in sectors where data management is essential, such as the public sector, life sciences, healthcare, and financial services.
Both companies' boards have approved the deal, with the transaction set to close early in Salesforce's fiscal 2027. Following the announcement, Salesforce shares experienced a slight pre-market increase, while Informatica's stock saw a jump of 6%.
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- The acquisition of Informatica by Salesforce will allow them to expand their data management capabilities in various sectors, such as the healthcare industry, which could prove instrumental in enhancing health care services through improved data analytics.
- In the city of Seattle, where tech giants are known to thrive, this business deal between Salesforce and Informatica will contribute to the local economy, bringing more finance and technology sectors into the Seattle metropolitan area.
- The merger of Salesforce and Informatica represents a collaborative effort to further advance business operations in the AI era, as both companies aim to help organizations leverage their data to succeed in today's fast-paced business environment, specifically in areas like life sciences and the public sector.
