Latest news with #InformaticaInc
Bloomberg
3 days ago
- Business
- Bloomberg
IBM Said to Have Pursued Informatica Ahead of Salesforce Deal
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 takeover talks in recent months with Informatica, the people said, asking not to be identified because the matter is private.
Bloomberg
4 days ago
- Business
- Bloomberg
Salesforce Patience and Ties Between CEOs Drove Informatica Acquisition
Salesforce Inc. 's agreement to buy Informatica Inc. for $8 billion came a year after initial talks collapsed and the acquisition target lost a third of its market value, lowering the price it was willing to accept for a deal. The result, according to Salesforce executives and other people close to the negotiations, is evidence of the software giant's more-disciplined approach to dealmaking after working several years to reduce costs and improve profitability. That patience was imposed by major shareholders who helped scuttle a purchase of Informatica in early 2024.
Yahoo
31-05-2025
- Business
- Yahoo
Salesforce Lifts Sales Outlook on High Hopes for AgentForce
Salesforce, Inc. (NYSE:CRM) has delivered a positive outlook for FY2026, driven by robust demand for cloud services and an increased adoption of artificial intelligence. The company is now aiming higher with its around $41 billion boosted revenue guidance, and EPS projections between $11.27 and $11.33. By now, we all know that any company that embeds AI ignites investor sentiments. By many, the company is viewed as recession-resistant, and while it may be behind its hypergrowth era, there's still a lot to consider. Salesforce, Inc. (NYSE:CRM) focuses on customer stickiness by adapting to generative AI. The company is considerably profitable based on GAAP and maintains a net cash flow balance. The giant's monetization strategy surrounding its AI-driven AgentForce platform, together with the brilliant $8 billion acquisition of Informatica Inc. (NYSE:INFA), a data management provider, is shaping the company's capabilities to integrate and manage data effectively. There are high hopes attached to the AgentForce segment. Although the management stated on Wednesday that the company has locked over 4000 deals for the product, actual returns are still awaited by the investors. While we acknowledge the potential of CRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRM and that has 100x upside potential, check out our report about the READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure. None. Sign in to access your portfolio
Yahoo
30-05-2025
- Business
- Yahoo
Salesforce Lifts Sales Outlook on High Hopes for AgentForce
Salesforce, Inc. (NYSE:CRM) has delivered a positive outlook for FY2026, driven by robust demand for cloud services and an increased adoption of artificial intelligence. The company is now aiming higher with its around $41 billion boosted revenue guidance, and EPS projections between $11.27 and $11.33. By now, we all know that any company that embeds AI ignites investor sentiments. By many, the company is viewed as recession-resistant, and while it may be behind its hypergrowth era, there's still a lot to consider. Salesforce, Inc. (NYSE:CRM) focuses on customer stickiness by adapting to generative AI. The company is considerably profitable based on GAAP and maintains a net cash flow balance. The giant's monetization strategy surrounding its AI-driven AgentForce platform, together with the brilliant $8 billion acquisition of Informatica Inc. (NYSE:INFA), a data management provider, is shaping the company's capabilities to integrate and manage data effectively. There are high hopes attached to the AgentForce segment. Although the management stated on Wednesday that the company has locked over 4000 deals for the product, actual returns are still awaited by the investors. While we acknowledge the potential of CRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRM and that has 100x upside potential, check out our report about the READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure. None. 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
Yahoo
29-05-2025
- Business
- Yahoo
RBC Capital Lifts Informatica (INFA) PT to $25, Keeps Sector Perform Rating
On Wednesday, RBC Capital Markets analyst Matthew Hedberg raised the price target for Informatica Inc. (NYSE:INFA) to $25 from $22, while maintaining a Sector Perform rating. This adjustment follows the announcement that Informatica has entered into a definitive agreement to be acquired by Salesforce (NYSE:CRM) for $25 per share. This acquisition values Informatica at ~$8 billion in equity, excluding Salesforce's existing investment. A business executive in a modern office looking over reports detailing artificial intelligence. Hedberg noted that the portfolios of Informatica and Salesforce are complementary, which suggests the merger is likely to proceed without significant regulatory scrutiny. Informatica maintains impressive gross profit margins of 80.54% and operates with a moderate level of debt, factors that likely attracted Salesforce's interest. The transaction is anticipated to be finalized in Salesforce's FY2027, which corresponds to the calendar year 2026, pending the fulfillment of customary closing conditions, such as approval by Informatica shareholders. This acquisition will potentially enhance Salesforce's product offerings by leveraging Informatica's expertise in data integration software and services. Informatica Inc. (NYSE:INFA) develops an AI-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems at enterprise scale worldwide. While we acknowledge the potential of INFA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INFA and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. 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
