Salesforce (CRM) is scheduled to report fiscal first-quarter results after the closing bell Wednesday, with analysts largely bullish on the cloud software company's stock.
Salesforce Inc (NYSE:CRM, ETR:FOO)'s planned $8 billion acquisition of data management software firm Informatica is a “smart and strategic” move that comes at the right moment to accelerate its artificial intelligence (AI) strategy, according to Wedbush. In a note Tuesday, Wedbush called the deal a key step in Salesforce's push to help enterprises better manage proprietary data used to build and train AI models.
Informatica's data-management software is seen as a key ingredient to AI agents just as Wall Street worries about slowing growth.
Salesforce is buying AI-powered cloud data management company Informatica in an approximately $8 billion deal.
Salesforce has acquired cloud data management firm Informatica in an $8 billion equity deal, marking a major move in its push to strengthen its AI and data infrastructure capabilities.
The shares of Informatica Inc (NYSE:INFA) are up 5.3% to trade at $23.75 at last glance, after the data management concern agreed to be bought by Salesforce (NYSE:CRM) in a deal valued at $8 billion.
Informatica (INFA) shares gained as the artificial intelligence (AI)-based data management software provider finally agreed to be purchased by Salesforce (CRM) after long negotiations between the tech firms.
Salesforce's $8 billion acquisition of Informatica aims to strengthen its position in the enterprise data market by integrating advanced data management and AI solutions.
Salesforce plans to acquire Informatica in an $8 billion deal, saying Informatica's cloud data management capabilities will enhance the agentic artificial intelligence features of Salesforce's customer relationship management platform.
Salesforce (NYSE:CRM) is set to announce its earnings on Wednesday, May 28, 2025. For traders who operate based on events, historical trends around earnings announcements can serve as a significant reference.
Salesforce Inc (NYSE:CRM, ETR:FOO) announced that it has signed a definitive agreement to acquire Informatica (NYSE:INFA), a leader in cloud data management, in an $8 billion all-cash deal aimed at accelerating its artificial intelligence (AI) capabilities. The company will pay $25 per share for Informatica, significantly below the mid-$30s per share price previously discussed in April.
The software giant faces “growing pressure to increase adoption of Agentforce,” its agentic AI offering, according to an analyst. Informatica's data-management platform could help.