Salesforce Acquires Informatica For $8 Billion
After a year of rumors, Salesforce has officially acquired cloud data management firm Informatica in an $8 billion equity deal. "Under the terms of the deal, Salesforce will pay $25 in cash per share for Informatica's Class A and Class B-1 common stock, adjusting for its prior investment in the company," notes TechCrunch. From the report: Informatica was founded in 1993 and works with more than 5,000 customers across more than 100 countries. The company had a $7.1 billion market cap at the time of publication. This acquisition will help bolster Salesforce's agentic AI ambitions, the company's press release stated, by giving the company more data infrastructure and governance to help its AI agents run more "safely, responsibly, and at scale across the modern enterprise." "Together, we'll supercharge Agentforce, Data Cloud, Tableau, MuleSoft, and Customer 360, enabling autonomous agents to act with intelligence, context, and confidence across every enterprise," Salesforce CEO Marc Benioff said in the press release. "This is a transformational step in delivering enterprise-grade AI that is safe, responsible, and deeply integrated with the world's data." Read more of this story at Slashdot.
After a year of rumors, Salesforce has officially acquired cloud data management firm Informatica in an $8 billion equity deal. "Under the terms of the deal, Salesforce will pay $25 in cash per share for Informatica's Class A and Class B-1 common stock, adjusting for its prior investment in the company," notes TechCrunch. From the report: Informatica was founded in 1993 and works with more than 5,000 customers across more than 100 countries. The company had a $7.1 billion market cap at the time of publication. This acquisition will help bolster Salesforce's agentic AI ambitions, the company's press release stated, by giving the company more data infrastructure and governance to help its AI agents run more "safely, responsibly, and at scale across the modern enterprise." "Together, we'll supercharge Agentforce, Data Cloud, Tableau, MuleSoft, and Customer 360, enabling autonomous agents to act with intelligence, context, and confidence across every enterprise," Salesforce CEO Marc Benioff said in the press release. "This is a transformational step in delivering enterprise-grade AI that is safe, responsible, and deeply integrated with the world's data."
Read more of this story at Slashdot.
