Read, Watch or Listen

Salesforce is acquiring Informatica, a cloud data management firm, for $8 billion. The deal aims to strengthen Salesforce's AI capabilities, specifically its Agentforce platform, by integrating Informatica's data management services. Informatica shareholders will receive $25 per share. Salesforce's stock rose slightly following the announcement. This acquisition follows several large acquisitions by Salesforce in recent years, including Slack, Tableau, and MuleSoft, reflecting the company's strategy of expanding its product portfolio.

Prepared by Christopher Adams and reviewed by editorial team.