The acquisition follows earlier rumors and denials from Informatica about a potential sale. Informatica, founded in 1993, serves over 5,000 customers in more than 100 countries and had a market cap of $7.1 billion at the time of the announcement. This move is part of Salesforce’s broader strategy to strengthen its data management capabilities, as evidenced by its recent acquisition of Own Company for $1.9 billion. The acquisition of Informatica is seen as a significant step in Salesforce’s efforts to enhance its data security and management solutions.
Key takeaways:
- Salesforce has acquired Informatica for $8 billion to enhance its AI and data infrastructure capabilities.
- The acquisition will help Salesforce bolster its AI ambitions by improving data infrastructure and governance.
- Informatica was founded in 1993 and serves over 5,000 customers in more than 100 countries.
- This acquisition follows Salesforce's purchase of Own Company for $1.9 billion, highlighting its focus on data management and security.