Salesforce Reaches an $8 Billion Deal to Buy Informatica (2)

Salesforce Inc. has agreed to buy Informatica Inc. for about $8 billion, sealing the deal on a software firm that had seen its shares plunge by as much as 59% since the companies’ first talks failed last year.

Informatica shareholders are set to receive $25 in cash per share, according to a statement on Tuesday, representing a 30% premium over its closing price on Thursday, before Bloomberg News reported that Salesforce and Informatica were in advanced talks. Salesforce said it expects the deal to close early in its fiscal year 2027. The company plans to fund the transaction through a ...