Salesforce revealed plans on Tuesday to acquire data management software firm Informatica in an $8 billion all-cash transaction. Under the terms of the deal, Salesforce will purchase all outstanding shares of Informatica that it doesn’t already own, offering $25 per share to its shareholders.

Both companies’ boards have approved the acquisition, which is expected to be finalized in Salesforce’s fiscal year 2027. Following the announcement, Salesforce’s stock saw a notable uptick during early trading hours.

The acquisition aims to fortify Salesforce’s data foundation, which it deems essential for advancing responsible and scalable agentic AI. This move marks a renewed effort after previous talks between the two companies fell through over a year ago due to disagreements on terms.

The integration of Informatica’s data capabilities—including cataloging, integration, governance, privacy, and metadata management—will complement Salesforce’s platform, creating a unified architecture designed for enterprise-scale AI agents.

Marc Benioff, Salesforce CEO, emphasized that the combined strengths of both companies will result in the industry’s most comprehensive, agent-ready data platform. “Autonomous agents will deliver smarter, safer, and more scalable outcomes, reinforcing our leadership in the $150 billion-plus enterprise data space,” Benioff said.

Salesforce continues to strengthen its Software-as-a-Service (SaaS) dominance through strategic acquisitions. Past deals include the 2018 acquisition of MuleSoft and the 2021 purchase of Slack Technologies.

Robin Washington, Salesforce’s Chief Operating and Financial Officer, noted that the acquisition aligns with the company’s disciplined approach to expansion. “We move decisively when the value is clear. Informatica adds transformative capability, especially in public sector, health care, life sciences, and financial services,” she added.

This latest acquisition reflects Salesforce’s continued push to lead in enterprise AI and data integration across industries.

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News Source: Finance.Yahoo.com