Latest news with #AmitWalia
Yahoo
15 hours ago
- Business
- Yahoo
Why Salesforce Is Paying $8 Billion for 'the Plumbing of AI'
Salesforce (NYSE:CRM) announced Tuesday that it will acquire Informatica (NYSE:INFA) in a cash deal valued at approximately $8 billion. The acquisition underscores Salesforce's intent to bolster its artificial intelligence capabilities by integrating a core player in enterprise data management. Under the terms of the deal, holders of Informatica's Class A and Class B-1 common stock will receive $25 per share — an 11% premium over the company's closing price of $22.55 on Friday, TechCrunch reported. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest where it hurts — and help millions heal:. Informatica CEO Amit Walia framed the acquisition as a shared effort to bring data and AI to life, describing Informatica in a statement as the plumbing for AI and data. Informatica's Intelligent Data Management Cloud platform helps enterprises connect, manage, and unify complex data systems across multi-cloud and hybrid environments. "Joining forces with Salesforce represents a significant leap forward in our journey," Walia said in a statement on Tuesday. "We have a shared vision for how we can help organizations harness the full value of their data in the AI era." Steve Fisher, Salesforce's chief technology officer, said that the truly autonomous, trustworthy AI agents need the most comprehensive understanding of their data, adding that Informatica's metadata and catalog tools will complement Salesforce's agentic AI platform, Agentforce. Trending: The acquisition builds on Salesforce's previous investments in data and AI. It follows the company's multibillion-dollar acquisitions of Slack at $27.7 billion in 2021, Tableau at $15.7 billion in 2019, and MuleSoft at $6.5 billion in 2018. According to Salesforce CEO Marc Benioff, Informatica will be integrated alongside Data Cloud, Tableau, and MuleSoft to enable autonomous agents to deliver smarter, safer, and more scalable outcomes for every company. Salesforce's operating and financial chief Robin Washington said the company will move quickly to leverage Informatica's capabilities across public sector, life sciences, healthcare, and financial services verticals, where governed, trustworthy data is critical. The deal is expected to close in early fiscal 2027, pending regulatory approvals and other customary closing was taken private in 2015 through a $5.3 billion deal led by private-equity firm Permira and the Canada Pension Plan Investment Board. Informatica says it serves more than 5,000 customers across nearly 100 countries, including over 80 of the Fortune 100, according to its acquisition announcement. The transaction will be financed through a combination of Salesforce's cash and new debt, the company said in the announcement. Read Next: How do billionaires pay less in income tax than you?. Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? SALESFORCE (CRM): Free Stock Analysis Report INFORMATICA (INFA): Free Stock Analysis Report This article Why Salesforce Is Paying $8 Billion for 'the Plumbing of AI' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Bloomberg
5 days ago
- Business
- Bloomberg
Informatica CEO Weighs In on $8 Billion Salesforce Deal
Opportunities in generative AI drove the Salesforce-Informatica deal to completion, says Informatica CEO Amit Walia. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology." (Source: Bloomberg)
Yahoo
5 days ago
- Business
- Yahoo
Informatica CEO discusses $8B Salesforce deal, AI & cloud strengths
Salesforce (CRM) announced it will be acquiring software company Informatica (INFA) in a deal valued at $8 billion. Informatica CEO Amit Walia comes on Market Domination to talk more about the deal and how it plays into Informatica's generative AI and cloud growth. Catch Yahoo Finance's interview with Salesforce CEO Marc Benioff, where he talks more about the Informatica acquisition and the company's first quarter earnings results. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Martechvibe
6 days ago
- Business
- Martechvibe
Salesforce Signs Definitive Agreement to Acquire Informatica
Salesforce and Informatica have entered into an agreement for Salesforce to acquire Informatica for approximately $8 billion in equity value, net of Salesforce's current investment in Informatica. Under the terms of the agreement, holders of Informatica's Class A and Class B-1 common stock will receive $25 in cash per share. The acquisition is expected to strengthen Salesforce's data infrastructure, supporting the development and use of agentic AI. By combining Informatica's data catalogue, integration, governance, quality, privacy, metadata management, and Master Data Management (MDM) capabilities with the Salesforce platform, the goal is to create a unified framework for deploying AI agents reliably and at scale across enterprise environments. 'We're excited to acquire Informatica for approximately $8 billion — uniting the world's #1 AI CRM with the #1 AI-powered MDM and ETL platform,' said Marc Benioff, Chair and CEO of Salesforce. 'This combination brings together Salesforce's Einstein and Informatica's CLAIRE AI engines to forge the ultimate AI-data platform — trusted, explainable, and built to scale. Together, we'll supercharge Agentforce, Data Cloud, Tableau, MuleSoft, and Customer 360, enabling autonomous agents to act with intelligence, context, and confidence across every enterprise.' 'This is a transformational step in delivering enterprise-grade AI that is safe, responsible, and deeply integrated with the world's data.' ALSO READ: Saudi Airlines Selects Informatica to Transform Customer Experience Amit Walia, CEO of Informatica, said, 'Joining forces with Salesforce represents a significant leap forward in our journey to bring data and AI to life by empowering businesses with the transformative power of their most critical asset — their data. 'We have a shared vision for how we can help organisations harness the full value of their data in the AI era.' Upon close, Salesforce plans to integrate Informatica's technology stack — including data integration, quality, governance, and unified metadata for Agentforce, and a single data pipeline with MDM on Data Cloud — seamlessly embedding this 'system of understanding' into the Salesforce ecosystem. 'Truly autonomous, trustworthy AI agents need the most comprehensive understanding of their data. The combination of Informatica's advanced catalogue and metadata capabilities with our Agentforce platform delivers exactly this,' said Steve Fisher, President and Chief Technology Officer, Salesforce. 'Imagine an AI agent that goes beyond simply seeing data points to understand their full context — origin, transformation, quality, and governance. This clarity, from a unified Salesforce and Informatica solution, will allow all types of businesses to automate more complex processes and make more reliable AI-driven decisions.' Salesforce will also support Informatica's continued strategy of building best-in-class, AI-powered data management products — delivering a complete, end-to-end platform with industry-leading, integrated solutions to connect, manage, and unify data across any cloud, hybrid, or multi-cloud environment. ALSO READ: Informatica and Amazon Web Services Expand Relationship With New Innovations The proposed acquisition — pursued with strategic clarity and financial discipline, and aligned to Salesforce's responsible M&A framework — and the rapid integration of Informatica's premier data management capabilities with Data Cloud is a timely opportunity to further Salesforce's position in the AI revolution. 'Our acquisition strategy is methodical, patient, and decisive — targeting transformative assets like Informatica when the calculus aligns to maximise customer success,' said Robin Washington, President & Chief Operating and Financial Officer, Salesforce. 'This proposed acquisition will be a key enabler for Salesforce's next phase of AI-driven growth — and we will move quickly to integrate their capabilities and unlock synergies on a fast timeline, particularly in areas like Public Sector, Life Sciences, Healthcare, and Financial Services.' 'We're laser-focused on accelerated execution to increase our market differentiation and deliver sustained benefits for all Salesforce stakeholders.' Bruce Chizen, Informatica Chairman, said, 'Permira and CPP Investments partnership with Informatica is clear proof of the benefits of a long-term investing mindset and focus on transformational growth at scale. This exceptional outcome with Salesforce is testament to that philosophy.' Salesforce plans to invest in Informatica's ecosystem of data and infrastructure partners and apply the full power of Salesforce's marketing and distribution teams to push the growth of Informatica's cloud business. ALSO READ: Salesforce Announces Agentforce for Marketing Efficiency The Martechvibe team works with a staff of in-house writers and industry experts. View More
Yahoo
6 days ago
- Business
- Yahoo
Salesforce is buying Informatica for $8 billion
Salesforce said Tuesday it will acquire the cloud data management company Informatica for $8 billion in equity value as it seeks to further compete in the global artificial intelligence race. The San Francisco-based company said in a press release thatthe acquisition will strengthen its 'trusted data foundation critical for deploying powerful and responsible agentic AI' and enable its AI agents 'to operate safely, responsibly, and at scale across the modern enterprise.' 'Together, Salesforce and Informatica will create the most complete, agent-ready data platform in the industry,' Marc Benioff, Chair and CEO of Salesforce, said. 'We will enable autonomous agents to deliver smarter, safer, and more scalable outcomes for every company, and significantly strengthen our position in the $150 billion-plus enterprise data market.' Amit Walia, CEO of Informatica, said his company and Salesforce 'have a shared vision for how we can help organizations harness the full value of their data in the AI era.' The companies had been in talks for an acquisition last year, but the negotiations fell through. Informatica, which boats clients like Dolby, Citizens, and Subaru, uses AI to help users automate tasks. The acquisition comes as Salesforce tries to expand Agentforce technology, its autonomous AI agents that support enterprise functions. Recent feature updates have included integration into its messaging network Slack, enhanced Customer Relationship Management (CRM) software, and more accuracy. For the latest news, Facebook, Twitter and Instagram. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
