Salesforce to acquire cloud data management company Informatica in a deal valued at approximately $8 billion in equity, excluding Salesforce's existing investment.
The acquisition aims to enhance Salesforce's data infrastructure, especially for its AI agent platform, Agentforce, by incorporating Informatica's technologies.
Salesforce plans to fund the acquisition with a combination of cash and new debt, expecting it to contribute to non-GAAP operating margin, earnings per share, and free cash flow in the second year after the deal.
The transaction is anticipated to close by FY27, pending regulatory approvals and other customary conditions, with boards of both companies already approving it.