May 28th, 2025
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Salesforce is going to buy Informatica for about $8 billion. Informatica helps companies with their data using AI. Informatica's owners will get $25 for each share. This is 11% more than the price last Friday. This purchase will help Salesforce manage data much better. Informatica was a private company in 2015 and became public again in 2021. Both companies want to help businesses use data with AI. Salesforce wants to use Informatica's skills in areas like government, health, and money. The leaders of both companies have said yes to the deal. It should be finished early in Salesforce's financial year 2027. 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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