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 for each share, which is about 11% more than the price last Friday. This purchase will greatly improve Salesforce's ability to manage data. Informatica was a private company in 2015 and then became public again in 2021. Both companies agree on helping businesses use data effectively in the age of AI. Salesforce wants to use Informatica's skills, especially in areas like government, health, and finance. 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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