May 28th, 2025
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Salesforce is going to buy Informatica, a company that uses AI to manage data in the cloud, for around $8 billion. Informatica's owners will get $25 for each share, which is about 11% more than the price last Friday. This purchase will really help Salesforce manage data better. Informatica stopped being a public company in 2015 and then became public again in 2021. Both companies agree on helping businesses use data well in the age of AI. Salesforce plans to use Informatica's abilities, especially in areas like government, health, and money services. The leaders of both companies have said yes to the deal, and it should be finished early in Salesforce's 2027 financial year. After the news, Salesforce's shares went up a little, and Informatica's stock went up by 5.7%.
May 28th, 2025
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