Salesforce has taken over Cloud Data Management Firm computer science in a share agreement of $ 8 billion, which marks a big step in its pressure to strengthen its AI and data infrastructure options.
The announcement, made on Tuesday, will glide about a year after early rumors about the acquisition the stock prices of both companies. At the time, computer science denied that it was for sale, but a lot can change in a year.
According to the conditions of the deal, Salesforce pays $ 25 in cash per share for class A and class B-1 ordinary shares of computer science, which adjusts the earlier investments in the company.
Informatics was founded in 1993 and cooperates with more than 5,000 customers in more than 100 countries. The Company had a $ 7.1 billion Market capitalization at the time of publication.
This acquisition will help to strengthen the Salesforce Agentic AI ambitions, stated the company’s press release, by giving the company more data infrastructure and governance to help its AI agents to be performed more “safe, responsible and on scale in the modern company.”
“Together we will agentforce, Data Cloud, Tableau, Mulesoft and Customer 360 Supercharge allowances, allowing autonomous agents to act with intelligence, context and trust in every company,” said Salesforce CEO Marc Benioff in the press release. “This is a transformational step in delivering Enterprise-Grade AI that is safe, responsible and deeply integrated with the data of the world.”
The path to this deal started in April 2024, when reports came to the fore that Salesforce was an eye on computer science. The market reaction was fast – the shares of both companies fell for fear of a difficult integration or strategic mismatch. Informatica later issued a public statement that refuses all sales discussions. But what once seemed unlikely is now official.
Computer Science is not the first data management company that Salesforce has taken over in the past year. In September Salesforce broke up his own company for $ 1.9 billion cash.
“Data security has never been so critical, and the proven expertise and products from OWN will improve our ability to offer robust data protection and management solutions to our customers,” said Salesforce General Manager Steve Fisher at that time in a press release.
Techcrunch has reached Salesforce for more information.
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