Form 8-K · Current Report · Filed 2025-05-27

Salesforce Announces Agreement to Acquire Informatica for $8 Billion

On May 27, 2025, Salesforce, Inc. announced a definitive agreement to acquire Informatica Inc. for approximately $8 billion in equity value, net of Salesforce's current investment in Informatica. The acquisition, expected to close early in Salesforce's fiscal year 2027, aims to enhance Salesforce's data management capabilities and AI-driven growth. Holders of Informatica's Class A and Class B-1 common stock will receive $25 in cash per share. The transaction has been approved by the boards of both companies and requires regulatory clearances and satisfaction of other customary closing conditions. Salesforce plans to integrate Informatica's technology stack, including data integration, quality, governance, and unified metadata, into its ecosystem to deliver a comprehensive data platform. The acquisition is expected to drive substantial cost synergies and revenue uplift, with accretion on non-GAAP operating margin, non-GAAP earnings per share, and free cash flow starting in the second year following the closing. Salesforce will also support Informatica's strategy of building best-in-class, AI-powered data management products.