May 28th, 2025
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Salesforce is planning 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 closing 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 plans to use Informatica's skills, especially in areas like government, life sciences, healthcare, and financial services. The boards of both companies have approved the deal, and it is expected to be finalized early in Salesforce's fiscal year 2027. After the announcement, Salesforce's shares went up slightly, and Informatica's stock increased by 5.7%.
May 28th, 2025
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