May 28th, 2025
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Salesforce plans to buy Informatica, a company that manages cloud data using AI, for about $8 billion. Informatica's shareholders will get $25 per share, which is about 11% more than the price last Friday. This purchase will greatly improve Salesforce's ability to manage data. Informatica was a private company in 2015 before becoming public again in 2021. Both companies agree on helping businesses use data effectively in the age of AI. Salesforce wants to use Informatica's skills, especially in areas like government, healthcare, and financial services. The deal has been approved by both companies' boards and should be completed early in Salesforce's fiscal year 2027. After the announcement, Salesforce's shares went up slightly, while Informatica's stock increased by 5.7%.
May 28th, 2025
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