Salesforce Secures Informatica in $8 Billion Strategic Move
U.S.-based software giant Salesforce has announced its acquisition of cloud data management company Informatica for $8 billion. According to a report by TechCrunch, the deal values each Informatica share at $25, adjusted in accordance with Salesforce’s previous investment in the company.
The acquisition is part of Salesforce’s broader strategy to strengthen its capabilities in artificial intelligence (AI) and data infrastructure. The company stated that the deal will enhance its Agentforce, Data Cloud, Tableau, MuleSoft, and Customer 360 platforms.
“This agreement marks a revolutionary step toward implementing secure, responsible, and efficient AI technologies at the enterprise level,” said Marc Benioff, Chief Executive Officer of Salesforce.
Founded in 1993, Informatica currently serves over 5,000 customers across more than 100 countries worldwide.
