August 11, 2015
With the formal completion Thursday of Informatica's acquisition and delisting from Nasdaq, a global Informatica channel partner told CRN that the technology developed by the pioneering data integration vendor will find a good home at Salesforce.com.
Four months after a deal was announced in which Permira, an international private equity firm, and the Canada Pension Plan Investment Board agreed to buy Informatica for $5.3 billion, Microsoft and Salesforce revealed they had bought into the deal as well at an undisclosed amount.
Steve Faris, chief platform officer for Bluewolf, a global partner of both Informatica and Salesforce, told CRN that Salesforce's investment will be a boon for the CRM leader's partner and customer ecosystem.
Salesforce has been spending heavily on developing advanced analytics in-house. But the Salesforce1 platform, as it matures, is ever-hungry for business intelligence capabilities to drive user engagement. Informatica brings under the Salesforce fold cutting-edge data management, integration and master data management capabilities, according to Faris.
