Salesforce (NYSE:CRM) has agreed to buy Informatica (Nasdaq:INFA) in an $8 billion deal as a way to quickly access far more data for its AI efforts, it said Tuesday.
Steve Fisher, President and CTO of Salesforce, made the argument for how this acquisition helps customers of both companies: “Truly autonomous, trustworthy AI agents need the most comprehensive understanding of their data. The combination of Informatica’s advanced catalog and metadata capabilities with our Agentforce platform delivers exactly this,” Fisher said in a statement. “Imagine an AI agent that goes beyond simply seeing data points to understanding their full context — origin, transformation, quality, and governance. This clarity, from a unified Salesforce and Informatica solution, will allow all types of businesses to automate more complex processes and make more reliable AI-driven decisions.”
The deal has already been approved by both companies’ boards of directors and by a majority of Informatica shareholders. Salesforce expects to close the deal early in 2026, subject to regulatory approval and other customary closing conditions.
Salesforce already owned a stake in Informatica, and the two companies have been discussing a full merger for more than a year. Back then, Informatica shares traded at over $35, far above the $25 Salesforce ultimately agreed to pay.
Read More from This Article: Salesforce to buy Informatica in billion deal
Source: News