Salesforce will beef up its cloud data management capabilities with the purchase of Informatica for $8 billion in equity value, net of Salesforce’s current investment in the company. Holders of ... May 27 (UPI) --Officials at San Francisco-based Salesforce have agreed to pay $8 billion to buy tech firm Informatica.

Understanding the Context

Informatica is a data management firm based in Redwood City, Calif., and agreed ... NBC Bay Area: Salesforce is buying Informatica in deal worth approximately $8 billion Salesforce is buying AI-powered cloud data management company Informatica in an approximately $8 billion deal. Informatica’s shareholders will receive $25 per share, a premium of about 11% from Friday ... Nasdaq: Salesforce to Buy Informatica in an $8 Billion AI Move: ETFs in Focus Salesforce CRM announced on , that it will acquire Informatica INFA in a deal valued at approximately $8 billion.

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Key Insights

This strategic move marks Salesforce’s return to major acquisitions as it ... Salesforce to Buy Informatica in an $8 Billion AI Move: ETFs in Focus East Bay Times: Salesforce agrees to buy Redwood City-based Informatica in deal worth $8 Billion Salesforce Inc. has agreed to buy Informatica Inc. for about $8 billion, sealing the deal on a software firm that had seen its shares plunge by as much as 59% since the companies’ first talks failed ... Salesforce agrees to buy Redwood City-based Informatica in deal worth $8 Billion At a time when both businesses are under increasing pressure in a more competitive tech environment, Salesforce has finally finalized its long-discussed acquisition of Informatica, reaching a $8 ...

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Final Thoughts

Confirming recent reports, Salesforce Inc. today announced plans to buy Informatica Inc. in an $8 billion deal. The acquisition price includes Salesforce’s existing stake in Informatica. The latter ... Enterprise software giant Salesforce will buy artificial-intelligence-powered cloud data management company Informatica for nearly $8 billion.

According to Salesforce, the deal will strengthen its AI ...