May 27, 2025
2,141
18
0.84%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
3:57Now PlayingSalesforce 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 combination of cash and new debt.
Informatica, which helps customers manage their data in the cloud, has long been a potential takeover target. San Francisco-based Salesforce held talks to buy the company just over a year ago, Bloomberg News reported at the time. The talks cooled with the parties struggling to agree to terms. Bloomberg was first to report on Friday that Salesforce and Informatica were back in negotiations.
Informatica competes against Salesforce’s MuleSoft. Its takeover is set to drive further consolidation in the software-as-a-service industry and may attract regulatory scrutiny.
“Our acquisition strategy is methodical, patient, and decisive,” Robin Washington, Salesforce’s president and chief operating and financial officer, said in the statement. “This proposed acquisition will be a key enabler for Salesforce’s next phase of AI-driven growth — and we will move quickly to integrate their capabilities.”
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.