Salesforce to acquire Informatica for $8 billion in AI-focused data push

Salesforce is set to acquire Informatica for $8 billion, marking its largest acquisition since Slack in 2021. This strategic move aims to bolster Salesforce's AI capabilities by integrating Informatica's data management platform. The acquisition, expected to close early next year, will enhance Salesforce's competitiveness and expand its suite of data tools in the rapidly growing AI market.