Salesforce to buy Informatica for US$8 billion

By
Follow google news

To bolster AI data tools.

Salesforce to buy Informatica for US$8 billion
Salesforce will buy Informatica for about $8 billion ($12.4 billion), betting on the data management platform to sharpen its competitive edge in the booming artificial intelligence market. The cloud-software giant is returning to big-ticket M&A after years on the sidelines, driven by ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Services Australia describes fraud, debt-related machine learning use cases

Services Australia describes fraud, debt-related machine learning use cases

Australia Post's future IT estate to rely on 13 "platform ecosystems"

Australia Post's future IT estate to rely on 13 "platform ecosystems"

Rio Tinto documents 30-year-old manufacturing system using AI

Rio Tinto documents 30-year-old manufacturing system using AI

Service NSW charts a path off VMware's container platform

Service NSW charts a path off VMware's container platform

Log In

  |  Forgot your password?