The Wall Street Journal

Salesforce Strikes $8 Billion Deal for Informatica

Deal is a move by Salesforce to bolster its artificial-intelligence capabilities

Salesforce, which specializes in cloud-based software for sales staff, is expected to pay $25 a share for Informatica.
Salesforce, which specializes in cloud-based software for sales staff, is expected to pay $25 a share for Informatica. Photo: john g mabanglo/Shutterstock

Salesforce struck a roughly $8 billion deal for data-management software firm Informatica, in a bid to bolster its capabilities in the arms race to put artificial intelligence to work.

The details 

Salesforce agreed to pay $25 a share for Informatica, the companies announced Tuesday, confirming an earlier report from The Wall Street Journal. 

WSJ Logo