Salesforce has acquired cloud data management firm Informatica in an $8 billion equity deal, marking a major move in its push to strengthen its AI and data infrastructure capabilities. The ...
Informatica's solutions cater to large enterprises with complex data needs, but high stock-based compensation and slow revenue growth hinder significant revenue per share expansion. Despite a ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Salesforce purchase is a ...
Informatica made a flurry of announcements at its Informatica World event in Las Vegas about its suite of AI-powered products and several collaborations, including one with Microsoft (MSFT).
Buying Informatica helps Salesforce expand data management tools Deal allows Salesforce to tighten control over how its data is managed and used Salesforce races to embed generative AI deeper into its ...
International Business Machines Corp. pursued Informatica Inc. before Salesforce Inc. bought the software company for $8 billion last month, according to people familiar with the matter. IBM had held ...
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 ...