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 yr after early rumors of the acquisition despatched each firms’ inventory costs sliding. At the time, Informatica denied it was on the market, however loads can change in a yr.
Under the phrases of the deal, Salesforce pays $25 in money per share for Informatica’s Class A and Class B-1 frequent 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 international locations. The firm 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.”
“Together, we’ll supercharge Agentforce, Data Cloud, Tableau, MuleSoft, and Customer 360, enabling autonomous brokers to behave with intelligence, context, and confidence throughout each enterprise,” Salesforce CEO Marc Benioff mentioned within the press launch. “This is a transformational step in delivering enterprise-grade AI that’s secure, accountable, and deeply built-in with the world’s information.”
The path to this deal started in April 2024, when experiences surfaced that Salesforce was eyeing Informatica. The market response was swift — each firms’ shares dipped on fears of a tough integration or strategic mismatch. Informatica later issued a public assertion denying any sale discussions. But what as soon as appeared unlikely is now official.
Informatica isn’t the primary information administration firm Salesforce has acquired prior to now yr. In September, Salesforce snapped up Own Company for $1.9 billion in money.
“Data safety has by no means been extra essential, and Own’s confirmed experience and merchandise will improve our capacity to supply strong 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.
