“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.
