Informatica

Informatica Inc. is an American software development company founded in 1993 by Gaurav Dhillon and Diaz Nesamoney. Based in Redwood City, California,[2] its core products include enterprise cloud data management and data integration.[3]

History

Informatica was founded in 1993 by Gaurav Dhillon and Diaz Nesamoney.[4] On 29 April 1999, its initial public offering on the Nasdaq stock exchange listed its shares under the stock symbol INFA.[5][6]

In April 2015, Permira and CPP Investments announced that a company controlled by their funds would acquire Informatica for approximately US$5.3 billion;[7] this transaction was completed four months later, receiving investment from Microsoft and Salesforce Ventures as part of the deal.

On August 6 2015, its stock ceased trading on the Nasdaq.[8][9][10] On 27 October 2021, Informatica again became publicly traded with the INFA stock symbol, this time listed on the NYSE, opening at $27.55 per share.[11]

In November 2023, five months after acquiring Privitar, a data management tool,[12] the firm announced a restructuring plan to focus on its cloud offerings. It permanently laid off 10% of its workforce and reduced its office space.[13]

In April 2024, the Wall Street Journal reported that Salesforce was in advanced talks to acquire Informatica at a price below its $11 billion market capitalization at the time;[14] the deal was eventually abandoned.

In May 2025, it was reported that the firm would be acquired by Salesforce for $8 billion.[15] subject to regulatory approval.[16][17] In November, it was announced that the acquisition had been completed.[18]

Products

Informatica's product portfolio is focused on data integration: extract, transform, load, information lifecycle management, business-to-business data exchange, cloud computing integration, complex event processing, data masking, data quality, data replication, data virtualization, master data management, ultra messaging, and data governance. These components form a toolset for establishing and maintaining data warehouses. It has over 9,500 customers.[2][19]

In 2006, Informatica announced a "cloud business".[20] In 2023 it announced an AI-powered data management tool[21] and began to fully transition to cloud-based offerings.[13]

Financial results

Informatica has grown through a combination of sales growth and through company acquisitions.[19][24]

External links