Salesforce has officially announced its intention to acquire Informatica, a data-management software company, in a deal valued at an impressive $8 billion.
The acquisition will see Salesforce take control of all outstanding shares of Informatica that it does not currently possess. Shareholders of Informatica are set to receive $25 in cash for each share they own, according to a joint statement from both companies.
This transaction has received approval from the boards of directors at both Salesforce and Informatica and is projected to complete by fiscal year 2027.
Following the announcement, Salesforce’s stock experienced an uptick on Tuesday morning.
SALESFORCE, DELOITTE DIGITAL TEAM UP FOR GENERATIVE AI
Reportedly, the agreement, which had previously fallen through last year due to disputes over the terms, aims to fortify Salesforce’s data infrastructure. The company has highlighted that this enhancement is essential for implementing robust and responsible agentic AI technologies.
Bloomberg first broke the news last week that Salesforce and Informatica were in advanced negotiations regarding a new agreement.
According to the companies, Informatica’s suite of services—including data cataloging, integration, governance, quality assurance, and master data management—when combined with Salesforce’s platform, will create a consolidated architecture for agentic AI. This setup aims to allow AI agents to function securely and efficiently across modern enterprises.
Upon the announcement, Salesforce CEO Marc Benioff expressed confidence that the collaboration would lead to the industry’s “most complete, agent-ready data platform.”
“This will empower autonomous agents to deliver more intelligent, secure, and scalable solutions for companies, significantly reinforcing our standing in the expansive $150 billion enterprise data market,” Benioff added.
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The acquisition underscores Salesforce’s ongoing strategy to solidify its presence within the software-as-a-service sector.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| CRM | SALESFORCE INC. | 273.13 | -10.29 | -3.63% |
Salesforce’s aggressive acquisition strategy has included notable purchases, such as the software platform MuleSoft in 2018. This integration has provided tools for developing, integrating, and managing application programming interfaces, fostering software interoperability. In 2021, the company expanded its portfolio further by acquiring Slack Technologies Inc., the popular workplace messaging platform.
Robin Washington, Salesforce’s Chief Operating and Financial Officer, explained that the acquisition strategy is calculated and deliberate, focusing on transformative assets like Informatica when conditions are optimal to enhance customer success.
Washington further noted that the company plans to swiftly integrate Informatica’s capabilities and realize synergies quickly, particularly in sectors such as public services, life sciences, healthcare, and financial services.
