Informatica Inc.
Public
Traded as
Founded1993 (age 33)
FateAcquired by Salesforce
Founders
  • Gaurav Dhillon
  • Diaz Nesamoney
Hq locationRedwood City, California, U.S.
IndustrySoftware
Key people
Products
RevenueUS$1.64 billion (2024)
Operating incomeUS$127 million (2024)
Net incomeUS$9.93 million (2024)
AssetsUS$5.28 billion (2024)
EquityUS$2.31 billion (2024)
Num employees5,200 (2024)
Websiteinformatica.com

Informatica Inc. is an American software development company founded in 1993 by Gaurav Dhillon and Diaz Nesamoney. Based in Redwood City, California,[1] its core products include enterprise cloud data management and data integration.[2]

History

Informatica was founded in 1993 by Gaurav Dhillon and Diaz Nesamoney.[3] On 29 April 1999, its initial public offering on the Nasdaq stock exchange listed its shares under the stock symbol INFA.[4][5]

In April 2015, Permira and CPP Investments announced that a company controlled by their funds would acquire Informatica for approximately US$5.3 billion;[6] this transaction was completed four months later, receiving investment from Microsoft and Salesforce Ventures as part of the deal.[7]

On August 6 2015, its stock ceased trading on the Nasdaq.[8][9][7] On 27 October 2021, Informatica again became publicly traded with the INFA stock symbol, this time listed on the NYSE, opening at $27.55 per share.[10]

In November 2023, five months after acquiring Privitar, a data management tool,[11] 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.[12]

In April 2024, the Wall Street Journal reported that Salesforce was in advanced talks to acquire Informatica at a price below its $11 billion market capitalization at the time;[13] the deal was eventually abandoned.

In May 2025, it was reported that the firm would be acquired by Salesforce for $8 billion.[14] subject to regulatory approval.[15][16] In November, it was announced that the acquisition had been completed.[17]

Products

Informatica's product portfolio is focused on data integration: extract, transform, load, information lifecycle management, business-to-business data exchange, cloud computing integration, complex event processing, data masking, data quality, data replication, data virtualization, master data management, ultra messaging, and data governance. These components form a toolset for establishing and maintaining data warehouses. It has over 9,500 customers.[1][18]

In 2006, Informatica announced a "cloud business".[19] In 2023 it announced an AI-powered data management tool[20] and began to fully transition to cloud-based offerings.[12]

Financial results

201420132012201120102009
Revenue (USD in Millions)[21]1,047.954 M948.171 M811.571 M783.779 M650.076 M600.999 M
Net Income (USD in Millions)[22]114.087 M86.400 M93.180 M117.500 M86.320 M54.210 M

Informatica has grown through a combination of sales growth and through company acquisitions.[18][23]

References

  1. ^ "Informatica", Informatica website, archived 24 May 2010 at the Wayback Machine, retrieved 15 May 2010
  2. ^ "Informatica CEO sees no slowdown in cloud growth". SiliconANGLE. 2024-05-02. Retrieved 2024-07-19.
  3. ^ McKenna, Brian (19 February 2021). "Gaurav Dhillon: Silicon Valley is poised to grow up to seize a more spiritual future". Computer Weekly
  4. ^ "Informatica Shares Soar". The New York Times. 30 April 1999. Archived 27 May 2015 at the Wayback Machine. Retrieved 20 April 2024.
  5. ^ "IPO". CNN Money. 29 April 1999. Archived from the original on 20 April 2024. Retrieved 20 April 2024.
  6. ^ "Informatica Announces Agreement to be Acquired by The Permira Funds and Canada Pension Plan Investment Board". permira.com. Archived from the original on 10 April 2015. Retrieved 7 April 2015.
  7. ^ "Microsoft And Salesforce Join In $5.3 Billion Buyout of Informatica". forbes.com. Retrieved 7 August 2015.
  8. ^ "Informatica Corporation Announces Completion of Acquisition by the Permira Funds and Canada Pension Plan Investment Board". informatica.com. Archived 5 September 2015 at the Wayback Machine. Retrieved 7 August 2015.
  9. ^ "Salesforce Ventures and Microsoft Join Informatica Buyout". The New York Times. 6 August 2015. Archived 9 August 2015 at the Wayback Machine. Retrieved 7 August 2015.
  10. ^ "Enterprise software firm Informatica valued at $7.5 bln in stock market return". reuters.com. 27 October 2021. Archived 27 October 2021 at the Wayback Machine. Retrieved 27 October 2021.
  11. ^ Lunden, Ingrid (2023-06-14). "Informatica acquires Privitar, once valued at $400M, to expand its data management stack". TechCrunch. Retrieved 2024-04-22.
  12. ^ "Tech Layoffs: Bay Area Firm Slashes Hundreds of Jobs". The San Francisco Standard. 2023-11-06. Archived 22 April 2024 at the Wayback Machine. Retrieved 2024-04-22.
  13. ^ Cimilluca, Lauren Thomas, Laura Cooper and Dana. "Exclusive | Salesforce in Advanced Talks to Buy Informatica". WSJ. Archived 22 April 2024 at the Wayback Machine. Retrieved 2024-04-22.
  14. ^ Soni, Aditya (2025-05-27). "Salesforce to buy Informatica for $8 billion to bolster AI data tools". Reuters. Retrieved 2025-05-27.
  15. ^ Council, Stephen (May 27, 2025). "Salesforce is gobbling up a Bay Area competitor for $8 billion". SFGate
  16. ^ Thomas, Lauren. "Exclusive | Salesforce Strikes $8 Billion Deal for Informatica". WSJ. Retrieved 2025-06-13.
  17. ^ "Salesforce Completes Acquisition of Informatica". Informatica. Retrieved 2025-11-18.
  18. ^ "Magic Quadrant for Data Integration Tools", Gartner, 25 November 2009, archived 24 September 2015 at the Wayback Machine, retrieved 15 May 2010
  19. ^ Adrian, Merv (10 June 2010), "Informatica Re-Factors the Value Chain for the Cloud", IT Market Strategy, retrieved 7 July 2010
  20. ^ Sharma, Shubham (2023-05-09). "Informatica goes all in on generative AI with Claire GPT". VentureBeat
  21. ^ "Earnings Per Share - Revenue - Company Dividend - EPS". NASDAQ.com. Retrieved 20 April 2018.
  22. ^ "Net Income for Informatica (INFA) - Wikinvest". Wikinvest. Archived from the original on 11 August 2017. Retrieved 20 April 2018.
  23. ^ Karel, Rob (28 January 2010), "Introducing The MDM Market's Newest 800lb Gorilla: Informatica Acquires Siperian!", Forrester, archived from the original on 2 February 2010, retrieved 15 May 2010