Salesforce announced on Tuesday that it would acquire cloud data management company Informatica for approximately $8 billion in cash to further enhance the capabilities of its core Agentforce platform, which is central to its AI strategy.
According to the agreement, Informatica Class A and B-1 ordinary shareholders will receive a cash payout of $25 per share. The transaction will be financed through Salesforce's existing cash reserves and new debt.
Steve Fisher, President and Chief Technology Officer of Salesforce, stated: "A truly autonomous and trustworthy AI agent requires comprehensive knowledge of its data. Informatica's advanced data cataloging and metadata capabilities are the perfect complement to our Agentforce platform."
Following the announcement, Salesforce's stock price rose more than 1%, while Informatica's stock price increased by 6%. Earlier last Friday, Bloomberg reported that the two companies were in talks regarding the acquisition, which initially drove Informatica's stock price up by over 17%.
This acquisition marks another significant expansion for Salesforce in the fields of AI and data infrastructure. The company plans to integrate Informatica's data cataloging, integration, governance, privacy, and management capabilities with its existing MuleSoft, Tableau, and data cloud products to create a unified data intelligence platform, providing smarter, safer, and scalable solutions for enterprise autonomous AI agents.
This also represents the latest move in Salesforce's ongoing efforts to diversify its product portfolio. Previously, Salesforce acquired MuleSoft in 2018 ($6.5 billion), Tableau in 2019 ($15.7 billion), and Slack in 2021 ($27.7 billion), accelerating its comprehensive transformation in the areas of enterprise digitalization and AI.
CEO Marc Benioff emphasized that this merger will help clients deploy trusted AI tools more efficiently, "driving every company toward a more intelligent future."
