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 11% more than the closing price last Friday. This purchase will greatly improve Salesforce's ability to manage data. Salesforce plans to use Informatica's strengths, especially in areas like government, healthcare, and finance. Informatica was a private company in 2015 before becoming public again in 2021. Both companies agree on helping businesses use data in the age of AI. The boards of both companies have approved the deal, and it is expected to be completed early in Salesforce's fiscal year 2027. After the news, Salesforce's shares went up a little, and Informatica's stock increased by 5.7%.
May 28th, 2025
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