Reported 3 days ago
Salesforce has officially announced its acquisition of Informatica for approximately $8 billion, following prior failed acquisition talks in 2024. The deal will enhance Salesforce's data management capabilities by integrating Informatica’s technology into its services, while Informatica's stockholders will receive $25 per share in cash. The acquisition aims to boost Salesforce's offerings in AI-driven data management, amidst increasing scrutiny and recent criticism of its acquisition strategies.
Source: YAHOO