Salesforce announced on Tuesday that it is buying data-management software firm Informatica in a deal valued at $8 billion.

Under the agreement, Salesforce will acquire all outstanding shares of common stock of Informatica that it does not already own. Informatica's shareholders will receive $25 in cash per share, the companies said.

The transaction , which has been approved by the boards of directors of both Salesforce and Informatica, is expected to close in fiscal year 2027.

Salesforce shares rose Tuesday morning following the announcement.

The goal of the deal, which reportedly fell apart about a year ago after disagreements over terms, is to enhance Salesforce’s data foundation, which the company says is "critical for deploying powerful and responsible agentic AI."

Bloomberg fir

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