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Salesforce announced on Tuesday that it has agreed to acquire Informatica, a leading cloud-based data management company, in a transaction worth about $8 billion. The deal is aimed at deepening ...
While AI may be the catalyst behind the recent wave of data company M&A, the market was ripe for consolidation.
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 ...
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 ...
Informatica Inc. (NYSE:INFA) stock surged on Monday amid reports that Salesforce Inc. (NYSE:CRM) is weighing the acquisition of the software company after a prior deal failed to fructify in 2024.
Salesforce’s acquisition of Informatica reinforces its long-term AI vision despite current stock pressures. The deal enhances data infrastructure, which is critical for AI growth.
After a correction, Salesforce stock is oversold as its AI growth, combining Agentforce and Data Cloud, re-accelerates ...
Salesforce has entered into an agreement to acquire Informatica for $25 per share, or approximately $8 billion, which excludes the portion of the firm that Salesforce does not already own.
Salesforce stock is down 16% YTD despite bullish AI moves and major $8-billion Informatica acquisition. Analysts see 22% upside ahead of Q1 earnings; CRM bets big on AI-powered Agentforce platform.
AI for Good Global Summit, Salesforce CEO, Marc Benioff shared his thoughts on AI and his belief that the rise of AI isn’t ...