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The acquisition was announced on May 27 th with a price of $25 per share, which represents a 34.6% premium over the 30-day ...
Salesforce has acquired cloud data management firm Informatica in an $8 billion equity deal, marking a major move in its push ...
Industry analysts explain how Salesforce's $8 billion Informatica acquisition will transform enterprise data management and ...
Salesforce says the acquisition will help the San Francisco software company, which provides tools to help businesses manage sales and customer data, ramp up its AI efforts.
Salesforce, Inc. (NYSE:CRM) is one of the 10 AI Stocks Getting Wall Street’s Attention. On June 17, Cantor Fitzgerald analyst ...
Informatica shares gained Tuesday as the artificial intelligence (AI)-based data management software provider finally agreed to be purchased by Salesforce after long negotiations between the tech ...
Salesforce Inc.’s agreement to buy Informatica Inc. for $8 billion came a year after initial talks collapsed and the acquisition target lost a third of its market value, lowering the price ...
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Daily Voice on MSNSalesforce Buying Informatica For $8B To Compete In Growing AI RaceSalesforce has agreed to buy data management company Informatica for $8 billion, as the software giant aims to increase its presence in the artificial intelligence industry. The tech companies ...
Timing-wise, we felt this was the right moment to sell because we had achieved what we set out to do when we partnered with Informatica: drive transformational growth at scale,' Permira's Ryan Lanpher ...
Confirming recent reports, Salesforce Inc. today announced plans to buy Informatica Inc. in an $8 billion deal. The acquisition price includes Salesforce’s existing stake in Informatica.
Salesforce said on Tuesday it would buy Informatica for about $8 billion, betting on the data management platform to sharpen its competitive edge in the booming artificial intelligence market.
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