Salesforce Bets Big On AI With $7.75B Informatica Acquisition – AfroTech

Salesforce Bets Big On AI With .75B Informatica Acquisition – AfroTech

Salesforce is making a bold move in the enterprise tech space with its planned $7.75 billion acquisition of Informatica, a long-established leader in AI-powered data integration and governance, according to a press release.

It’s the company’s largest deal since buying Slack for nearly $28 billion in 2021 and signals a deeper investment in artificial intelligence (AI) infrastructure.

Informatica Stock Rises On Deal News

Salesforce will pay $25 per Informatica share, a 30% premium over its…

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