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Informatica

From Wikipedia, the free encyclopedia
American software company

Informatica Inc.
Headquarters in Redwood City
Company typePublic
IndustrySoftware
Founded1993; 33 years ago (1993)
Founders
  • Gaurav Dhillon
  • Diaz Nesamoney
HeadquartersRedwood City, California, U.S.
Key people
Products
RevenueIncreaseUS$1.64 billion (2024)
IncreaseUS$127 million (2024)
IncreaseUS$9.93 million (2024)
Total assetsIncreaseUS$5.28 billion (2024)
Total equityIncreaseUS$2.31 billion (2024)
Number of employees
5,200 (2024)
Websiteinformatica.com
Footnotes / references
[1]

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

History

[edit]

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

In April 2015,Permira andCPP 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 fromMicrosoft andSalesforce Ventures as part of the deal.[8]

On August 6 2015, its stock ceased trading on the Nasdaq.[9][10][8] On 27 October 2021, Informatica again became publicly traded with the INFA stock symbol, this time listed on theNYSE, 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, theWall Street Journal reported thatSalesforce 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

[edit]

Informatica's product portfolio is focused ondata integration:extract, transform, load,information lifecycle management,business-to-businessdata exchange,cloud computing integration,complex event processing,data masking,data quality,data replication,data virtualization,master data management, ultra messaging, anddata governance. These components form a toolset for establishing and maintainingdata 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

[edit]
201420132012201120102009
Revenue (USD in Millions)[22]1,047.954 M948.171 M811.571 M783.779 M650.076 M600.999 M
Net Income (USD in Millions)[23]114.087 M86.400 M93.180 M117.500 M86.320 M54.210 M
Former headquarters in Redwood City

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

References

[edit]
  1. ^"Informatica, Inc. 2024 Form 10-K (Annual Report)".U.S. Securities and Exchange Commission. 25 February 2025.
  2. ^abInformatica, Informatica website,archived from the original on 24 May 2010, retrieved15 May 2010
  3. ^"Informatica CEO sees no slowdown in cloud growth".SiliconANGLE. 2 May 2024. Retrieved19 July 2024.
  4. ^McKenna, Brian (19 February 2021)."Gaurav Dhillon: Silicon Valley is poised to grow up to seize a more spiritual future".Computer Weekly.
  5. ^"Informatica Shares Soar".The New York Times. 30 April 1999.Archived from the original on 27 May 2015. Retrieved20 April 2024.
  6. ^"IPO".CNN Money. 29 April 1999.Archived from the original on 20 April 2024. Retrieved20 April 2024.
  7. ^"Informatica Announces Agreement to be Acquired by The Permira Funds and Canada Pension Plan Investment Board". permira.com. Archived fromthe original on 10 April 2015. Retrieved7 April 2015.
  8. ^ab"Microsoft And Salesforce Join In $5.3 Billion Buyout of Informatica".forbes.com. Retrieved7 August 2015.
  9. ^"Informatica Corporation Announces Completion of Acquisition by the Permira Funds and Canada Pension Plan Investment Board". informatica.com.Archived from the original on 5 September 2015. Retrieved7 August 2015.
  10. ^"Salesforce Ventures and Microsoft Join Informatica Buyout".The New York Times. 6 August 2015.Archived from the original on 9 August 2015. Retrieved7 August 2015.
  11. ^"Enterprise software firm Informatica valued at $7.5 bln in stock market return".reuters.com. 27 October 2021.Archived from the original on 27 October 2021. Retrieved27 October 2021.
  12. ^Lunden, Ingrid (14 June 2023)."Informatica acquires Privitar, once valued at $400M, to expand its data management stack".TechCrunch. Retrieved22 April 2024.
  13. ^ab"Tech Layoffs: Bay Area Firm Slashes Hundreds of Jobs".The San Francisco Standard. 6 November 2023.Archived from the original on 22 April 2024. Retrieved22 April 2024.
  14. ^Cimilluca, Lauren Thomas, Laura Cooper and Dana."Exclusive | Salesforce in Advanced Talks to Buy Informatica".WSJ.Archived from the original on 22 April 2024. Retrieved22 April 2024.{{cite news}}: CS1 maint: multiple names: authors list (link)
  15. ^Soni, Aditya (27 May 2025)."Salesforce to buy Informatica for $8 billion to bolster AI data tools".Reuters. Retrieved27 May 2025.
  16. ^Council, Stephen (27 May 2025)."Salesforce is gobbling up a Bay Area competitor for $8 billion".SFGate.
  17. ^Thomas, Lauren."Exclusive | Salesforce Strikes $8 Billion Deal for Informatica".WSJ. Retrieved13 June 2025.
  18. ^"Salesforce Completes Acquisition of Informatica".Informatica. Retrieved18 November 2025.
  19. ^abMagic Quadrant for Data Integration Tools, Gartner, 25 November 2009,archived from the original on 24 September 2015, retrieved15 May 2010
  20. ^Adrian, Merv (10 June 2010),Informatica Re-Factors the Value Chain for the Cloud, IT Market Strategy, retrieved7 July 2010
  21. ^Sharma, Shubham (9 May 2023)."Informatica goes all in on generative AI with Claire GPT".VentureBeat.
  22. ^"Earnings Per Share - Revenue - Company Dividend - EPS".NASDAQ.com. Retrieved20 April 2018.
  23. ^"Net Income for Informatica (INFA) - Wikinvest".Wikinvest. Archived fromthe original on 11 August 2017. Retrieved20 April 2018.
  24. ^Karel, Rob (28 January 2010),Introducing The MDM Market's Newest 800lb Gorilla: Informatica Acquires Siperian!, Forrester, archived fromthe original on 2 February 2010, retrieved15 May 2010

External links

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