Salesforce acquires Informatica for $8 billion

The Celsius has achieved a cloud management firm Informatics in an 8 billion dollar equity agreement by identifying a major step to strengthen its AI and data infrastructure capacity.

The announcement made on Tuesday sent the share price of both companies about a year after the initial rumor of acquisition SlidingThe That time, Informatrica Has been refused It was for sale, but a lot could change in one year.

Under the terms and conditions of the agreement, the Salesforce Informatics Class A and Class B -1 will pay $ 25 per share for Common stock, which will adjust to its previous investment in the company.

Informatika was founded in 1993 and it worked with more than 5000 customers across over 100 countries. The The organization had a $ 7.1 billion Market Cap at the time of publication.

This acquisition will help to encourage AI aspirations of the Salesforce agent, the agency’s press release said the agency to help the agency more data infrastructure and the administration to help the AI ​​agents more safely, responsible and across the modern enterprise.

“Together, we will be able to enable Supercharge Agent for, Data Cloud, Tables, Mossoft and Customers to work with intelligence, context and confidence in each initiative of autonomous agents,” Mark Benef Press says in a press release. “This is a transitional step in the supply of enterprise-grade AI supplied deeply with the data of the world safe, responsible and world.”

The path to the agreement began in April 2021, when the reports were published that the salesforce was monitoring the information. The market reaction was faster – the shares of both companies were submerged in fear of a solid consolidation or strategic dissimilarity. Informatika later issued a public statement by denial of any sales discussion. However, what seemed impossible at one time is now official.

Informatika has earned the first data management agency Salesforce in the last year. September, Salesforce Cash has snatched its own company to $ 1.9 billionThe

“Data protection has never been much criticized, and its own proven skills and products will enhance our skills to provide strong data protection and management solutions to our customers,” Steve Fisher, general manager of the Salesforce said in a press release at that time.

TechCrunch has reached the salesforce for more information.