Salesforce to Acquire Data Management Company Informatica in $8B Deal

SaaS
Written By Rick Watson

Salesforce is an American cloud-based software company and a CRM (Customer Relationship Management) platform used by over 150,000 companies to manage customer relationships and drive business growth.

Informatica is an enterprise data management company that helps businesses unlock the value of their data and AI through its Intelligent Data Management Cloud platform.

Salesforce, a cloud-based CRM and software platform, has announced its acquisition of Informatica, an enterprise data management company, at a valuation of $8 billion. Informatica’s shareholders of Class A and Class B-1 common stock will receive $25 in cash per share.  In the AI age, owning the data is crucial.

CNBC: Salesforce to acquire data management company Informatica in $8 billion deal

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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