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]
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]
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]