Informatica to be acquired by the Permira Funds and CPPIB

Informatica has announced that it has entered into a definitive agreement to be acquired by a company controlled by the Permira funds and Canada Pension Plan Investment Board (CPPIB) for approximately $5.3 billion. Under the terms of the agreement, Informatica shareholders will receive $48.75 in cash for each share of Informatica common stock.

Informatica is acknowledged as a leader in several technology categories, including Cloud Integration, Data Integration for Big Data initiatives, and MDM Solutions. Informatica’s three-pronged growth strategy is to expand across all major geographic regions, grow across all customer data initiatives, and advance technology leadership in all things data....Read more