Salesforce to buy Informatica in $8 billion deal

Salesforce has agreed to buy Informatica in an $8 billion deal as a way to quickly access far more data for its AI efforts, it said Tuesday.

Steve Fisher, President and CTO of Salesforce, made the argument for how this acquisition helps customers of both companies: “Truly autonomous, trustworthy AI agents need the most comprehensive understanding of their data. The combination of Informatica’s advanced catalog and metadata capabilities with our Agentforce platform delivers exactly this,” Fisher said in a statement. “Imagine an AI agent that goes beyond simply seeing data points to understanding their full context — origin, transformation, quality, and governance. This clarity, from a unified Salesforce and Informatica solution, will allow all types of businesses to automate more complex processes and make more reliable AI-driven decisions.”