Salesforce says it expects FY 2030 revenue of $60B+, vs. $58.37B est., excluding its $8B pending acquisition of data management company Informatica by Q1 2027
Jordan Novet / CNBC :
The data industry is consolidating, with Databricks acquiring Neon for $1B and Salesforce acquiring Informatica for $8B, as companies want quality data for AI
But There's a Bigger Plot Twist
Salesforce agrees to acquire cloud data management company Informatica for ~$8B, set to close in its FY 2027, one year after an earlier deal fell through
Informatica shareholders are set to receive $25 in cash per share, according to a statement on Tuesday.
Sources: Salesforce is in talks to acquire cloud data management company Informatica, reviving discussions that stalled in 2024; INFA closes up 17.45%
If a deal is reached, it could be announced as soon as next week, according to the people, who asked to not be identified because the discussions are private.
Cloud data management company Informatica says it is not currently in acquisition talks, after Salesforce's reported interest in a ~$10B deal; INFA falls 8%+
to Salesforce or anyone else Wall Street Journal : Salesforce's Talks to Buy Informatica Fizzle Larry Dignan / Constellation Research : Informatica says it'll hit Q1 targets, says not actively in acqu...
Source: Salesforce has backed away from its talks to acquire cloud data management company Informatica, after the two companies could not agree on terms
Business software maker Salesforce (CRM.N) has backed away from its talks to acquire data-management software firm Informatica (INFA.N) …
Sources: Salesforce is in advanced talks to acquire cloud data management company Informatica, whose market cap crossed $11B after its shares jumped 43% in 2024
Wall Street Journal :
Sources: Salesforce is in advanced talks to acquire cloud data management company Informatica, whose market cap crossed $11B after its shares jumped 43% in 2024
Deal for data-management software firm would be among Salesforce's largest if completed — Salesforce is in advanced talks …
Cloud data management company Informatica acquires London-based data access controls startup Privitar, which has raised $150M+ and was valued at $400M+ in 2020
One of the recurring themes in the area of enterprise IT these days is consolidation, and today we're getting another dose of it in the area of enterprise data management.
Informatica, which offers enterprise cloud data management tools, raises $841M in its IPO after pricing shares at the low end, valuing the company at $7.9B
Bloomberg :