Salesforce has acquired cloud information administration agency Informatica in an $8 billion fairness deal, marking a serious transfer in its push to strengthen its AI and information infrastructure capabilities.
The announcement, made Tuesday, comes a few 12 months after early rumors of the acquisition despatched each corporations’ inventory costs sliding. On the time, Informatica denied it was on the market, however rather a lot can change in a 12 months.
Underneath the phrases of the deal, Salesforce pays $25 in money per share for Informatica’s Class A and Class B-1 widespread inventory, adjusting for its prior funding within the firm.
Informatica was based in 1993 and works with greater than 5,000 clients throughout greater than 100 nations. The corporate had a $7.1 billion market cap on the time of publication.
This acquisition will assist bolster Salesforce’s agentic AI ambitions, the corporate’s press launch said, by giving the corporate extra information infrastructure and governance to assist its AI brokers run extra “safely, responsibly, and at scale throughout the fashionable enterprise.”
“Collectively, we’ll supercharge Agentforce, Information Cloud, Tableau, MuleSoft, and Buyer 360, enabling autonomous brokers to behave with intelligence, context, and confidence throughout each enterprise,” Salesforce CEO Marc Benioff mentioned within the press launch. “This can be a transformational step in delivering enterprise-grade AI that’s secure, accountable, and deeply built-in with the world’s information.”
The trail to this deal started in April 2024, when reviews surfaced that Salesforce was eyeing Informatica. The market response was swift — each corporations’ shares dipped on fears of a troublesome integration or strategic mismatch. Informatica later issued a public assertion denying any sale discussions. However what as soon as appeared unlikely is now official.
Informatica isn’t the primary information administration firm Salesforce has acquired up to now 12 months. In September, Salesforce snapped up Personal Firm for $1.9 billion in money.
“Information safety has by no means been extra essential, and Personal’s confirmed experience and merchandise will improve our means to supply sturdy information safety and administration options to our clients,” Salesforce common supervisor Steve Fisher mentioned in a press launch on the time.
TechCrunch has reached out to Salesforce for extra data.
