#1MinuteTip Salesforce is reportedly in advanced discussions to acquire data management software company Informatica, according to a recent report by the Wall Street Journal (link below).
Informatica provides enterprise cloud data management & integration solutions. Founded in 1993, with 6000+ employees and annual revenue of USD 1.59 bilion in 2023, the company specializes in data integration software and services that help organizations to access, integrate, clean, and manage data from various sources. Informatica’s products are designed to support initiatives such as big data projects, data governance, data migration, and data warehousing.
References & Useful URLs
- Wall Street Journal: Salesforce is in advanced talks to buy Informatica
- Informatica Home Page
