Key Takeaway
Informatica ( INFA ) shares gained as the artificial intelligence (AI) -based data management software provider finally agreed to be purchased by Salesforce ( CRM ) after long negotiations between the tech firms.
The deal has Salesforce paying $8.0 billion for the shares of Informatica it doesn't already own. Informatica investors will receive $25 in cash for every share they own, a 30% premium to the closing price Thursday, the day before Bloomberg reported talks were back on after the companies failed to reach an agreement last year.
Salesforce CEO Marc Benioff said the combination "will create the most complete, agent-ready data platform in the industry." Chief Technology Officer Steve Fisher added that "autonomous, trustworthy AI agents need the most comprehensive understanding of their data. The combination of Informatica's advanced catalog and metadata capabilities with our Agentforce platform delivers exactly this."
The transaction "is expected to close early in Salesforce’s fiscal year 2027," it said.
Despite today's 5% rise, shares of Informatica are about 8% lower year-to-date. Salesforce shares made a small advance Tuesday but are down about 17% in 2025.
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