May 28th, 2025
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Salesforce plans to buy Informatica for about $8 billion. Informatica is a company that helps manage data using AI. Informatica's owners will get $25 for each share, which is about 11% more than the price last Friday. This purchase will make Salesforce much better at managing data. Informatica was a private company in 2015, but then became public again in 2021. Both companies want to help businesses use data with AI. Salesforce wants to use Informatica's skills, especially in areas like government, health, and banking. The leaders of both companies have agreed to the deal. It should be finished early in Salesforce's 2027 financial year. After the news, Salesforce's shares went up a little, and Informatica's shares went up by 5.7%.
May 28th, 2025
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