Salesforce already possesses an extraordinary amount of data on the world’s biggest companies. The software giant’s acquisition of data management and analytics firm Informatica, however, signals its AI-agent platform,

The cloud software giant’s boss Marc Benioff tussled with rabble-rousing shareholders in part over costly acquisitions like Slack. A new $8 bln deal for Informatica looks more reasonable, befitting the company’s slow-and-steady shift since - even if it doesn’t promise revolution.

Salesforce is buying Informatica for $8 billion, a deal that could see the San Francisco tech giant fold in a competitor's slate of data management tools.

Salesforce announced on Tuesday that it has agreed to acquire Informatica, a leading cloud-based data management company, in a transaction worth about $8 billion. The deal is aimed at deepening Salesforce’s footprint in the fast-growing AI sector by integrating Informatica’s rich metadata and data catalogue capabilities with Salesforce’s Agentforce platform,

Marc Benioff is in his happy place once again, buying companies. Salesforce’s deal to buy data management firm Informatica for $8 billion in cash is the first sizable acquisition Benioff has done since a bunch of activist investors in late 2022-early 2023 forced him to focus more on profits and

Salesforce to acquire Informatica for $8 billion to boost agentic AI, cloud data management, enterprise data market, CEO Marc Benioff says.

Salesforce has agreed to buy cloud data firm Informatica for around $8 billion. San Francisco-based Salesforce, the city’s largest private employer, is paying an approximately 11% premium over Redwood City-based Informatica’s Friday closing price.

CEO Marc Benioff made bold statements in a recent Financial Times interview, suggesting that the relationship between Microsoft (MSFT) and OpenAI may be approaching a dramatic and irreversible split.