Salesforce acquires Informatica for $8 billion
- Joseph K
- 6 days ago
- 1 min read
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 announcement, made Tuesday, comes about a year after early rumors of the acquisition sent both companies’ stock prices sliding. At the time, Informatica denied it was for sale, but a lot can change in a year.
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