Published on: 2025-06-19 20:20:41
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Salesforce is making a big bid to become a much larger player in the enterprise space, announcing today an $8B acquisition of Informatica. The move will bring together two large, established enterprise software providers with decades of real-world experience. Informatica was founded in 1993 as an enterprise data-focused vendor and an early pioneer in the ETL (Extract,
Keywords: ai data informatica management salesforce
Find related items on AmazonPublished on: 2025-06-20 04:59:14
Salesforce has acquired cloud data management firm Informatica in an $8 billion equity deal, marking a major move in its push to strengthen its AI and data infrastructure capabilities. The announcement, made Tuesday, comes about a year after early rumors of the acquisition sent both companies’ stock prices sliding. At the time, Informatica denied it was for sale, but a lot can change in a year. Under the terms of the deal, Salesforce will pay $25 in cash per share for Informatica’s Class A and
Keywords: ai company data informatica salesforce
Find related items on AmazonPublished on: 2025-06-20 16:26:47
Salesforce Inc. signage during the Singapore FinTech Festival in Singapore, on Thursday, Nov. 3, 2022. Salesforce announced Tuesday that it's buying cloud data management firm Informatica in an $8 billion deal to bolster the enterprise software giant's push into artificial intelligence. Shares of Salesforce were up about 1% in U.S. premarket trading. Informatica shares climbed about 6%. "Truly autonomous, trustworthy AI agents need the most comprehensive understanding of their data," said Ste
Keywords: data deal informatica said salesforce
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