May 28th, 2025
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Salesforce is planning to buy Informatica, a company that uses AI to manage data online, for about $8 billion. Informatica's owners will get $25 for each share, which is about 11% more than the price last Friday. This purchase will greatly improve how Salesforce handles data. Informatica was a private company in 2015, then became public again in 2021. Both companies agree on helping businesses use data well with AI. Salesforce plans to use Informatica's skills, especially in areas like government, healthcare, and banking. The deal has been approved by both companies' leaders and should be finished early in Salesforce's 2027 financial year. After the news, Salesforce's shares went up a little, and Informatica's shares increased by 5.7%.
May 28th, 2025
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