FOLLOW US

Salesforce, the global leader in customer relationship management, today announced its intent to acquire cloud data management company Informatica (NYSE: INFA) in a definitive agreement valued at $8 billion. The strategic transaction is being led by three premier law firms: Latham & Watkins LLP, Wachtell, Lipton, Rosen & Katz, and Fenwick & West LLP.

Under the terms of the agreement, holders of Informatica’s Class A and Class B-1 shares will receive $25 per share in cash. The transaction has already received approval from Informatica shareholders and is expected to close early in Salesforce’s fiscal year 2027, subject to customary closing conditions and regulatory approvals.

This acquisition is designed to enhance Salesforce’s capabilities in deploying agentic artificial intelligence (AI)—AI that can operate autonomously. By integrating Informatica’s advanced data catalog, governance, metadata management, privacy, and master data management tools, Salesforce aims to empower AI agents to deliver contextualized, scalable, and intelligent outcomes across industries.

“Together, Salesforce and Informatica will create the most complete, agent-ready data platform in the industry,” said Marc Benioff, Chair and CEO of Salesforce. “We will enable autonomous agents to deliver smarter, safer, and more scalable outcomes for every company, and significantly strengthen our position in the $150 billion-plus enterprise data market.”

The deal includes Salesforce’s existing investments in Informatica and represents a major milestone in its data strategy. Informatica, originally taken private in 2015 by Permira and CPP Investments for $5.3 billion, went public again in 2021. The transaction underscores the success of that investment.

“Permira and CPP Investments’ partnership with Informatica is clear proof of the benefits of a long-term investing mindset and focus on transformational growth at scale,” said Bruce Chizen, Chairman of Informatica. “This exceptional outcome with Salesforce is testament to that philosophy.”

Legal Advisors

Informatica is represented by an extensive team at Latham & Watkins LLP, including Brian Mangino, Amber Banks, Max Schleusener, and many others, as well as Doug Cogen, David Michaels, Tom Ensign, Meredith Mommers, and Susan Lee of Fenwick & West LLP.

Salesforce is represented by Andrew J. Nussbaum, Meng Lu, and a team of experienced M&A counsel at Wachtell, Lipton, Rosen & Katz.