Informatica

{{Infobox company

| name = Informatica Inc.

| logo = InformaticaLogo.png

| image = 2100 Seaport Boulevard.jpg

| image_size = 260px

| image_caption = Headquarters in Redwood City

| type = Public

| traded_as = {{ubl|{{NYSE|INFA}} (Class A)|Russell 1000 component}}

| founded = {{Start date and age|1993}}

| founders = {{ubl|Gaurav Dhillon|Diaz Nesamoney}}

| hq_location = {{nowrap|Redwood City, California, U.S.}}

| industry = Software

| key_people = {{ubl|Amit Walia (CEO)|Bruce Chizen (chair)}}

| products = {{ubl|Data warehousing tools|ETL tools|Big data tools}}

| revenue = {{Increase}} {{US$|1.64 billion|link=yes}} (2024)

| operating_income = {{Increase}} {{US$|127 million}} (2024)

| net_income = {{Increase}} {{US$|9.93 million}} (2024)

| assets = {{Increase}} {{US$|5.28 billion}} (2024)

| equity = {{Increase}} {{US$|2.31 billion}} (2024)

| num_employees = 5,200 (2024)

| website = {{url|informatica.com}}

| footnotes = {{cite web | publisher=U.S. Securities and Exchange Commission | url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1868778/000186877825000007/infa-20241231.htm | title=Informatica, Inc. 2024 Form 10-K (Annual Report) | date=February 25, 2025}}

}}

Informatica Inc. is an American software development company founded in 1993. It is headquartered in Redwood City, California.{{citation | publisher=Informatica website | url=http://www.informatica.com/company/Pages/index.aspx | title=Informatica | access-date=15 May 2010 | archive-date=24 May 2010 | archive-url=https://web.archive.org/web/20100524182052/http://www.informatica.com/company/Pages/index.aspx | url-status=live }} Its core products include enterprise cloud data management and data integration. It was co-founded by Gaurav Dhillon and Diaz Nesamoney. Amit Walia is the company's CEO.{{Cite web |date=2024-05-02 |title=Informatica CEO sees no slowdown in cloud growth |url=https://siliconangle.com/2024/05/02/informatica-ceo-sees-no-slowdown-in-cloud-growth/ |access-date=2024-07-19 |website=SiliconANGLE |language=en-US}}

History

Informatica was founded in 1993 by Gaurav Dhillon and Diaz Nesamoney.{{Cite web |last=McKenna |first=Brian |date=19 February 2021 |title=Gaurav Dhillon: Silicon Valley is poised to grow up to seize a more spiritual future |url=https://www.computerweekly.com/feature/Gaurav-Dhillon-Silicon-Valley-is-poised-to-grow-up-to-seize-a-more-spiritual-future |work=Computer Weekly}}

On 29 April 1999, its initial public offering on the Nasdaq stock exchange listed its shares under the stock symbol INFA.{{Cite news |url=https://www.nytimes.com/1999/04/30/business/informatica-shares-soar.html |title=Informatica Shares Soar |date=30 April 1999 |work=The New York Times |archive-date=27 May 2015 |access-date=20 April 2024 |archive-url=https://web.archive.org/web/20150527110133/http://www.nytimes.com/1999/04/30/business/informatica-shares-soar.html |url-status=live }}{{Cite news |url=https://money.cnn.com/1999/04/29/technology/ipo/ |title=IPO |date=29 April 1999 |work=CNN Money |archive-date=20 April 2024 |access-date=20 April 2024 |archive-url=https://web.archive.org/web/20240420035928/https://money.cnn.com/1999/04/29/technology/ipo/ |url-status=live }}

On 7 April 2015, Permira and Canada Pension Plan Investment Board announced that a company controlled by the Permira funds and CPPIB would acquire Informatica for approximately US$5.3 billion.{{cite web|url=http://www.permira.com/news/permira-news/2015/apr/7/informatica-announces-agreement-to-be-acquired-by-the-permira-funds-and-canada-pension-plan-investment-board|title=Informatica Announces Agreement to be Acquired by The Permira Funds and Canada Pension Plan Investment Board|publisher=permira.com|access-date=7 April 2015|archive-url=https://web.archive.org/web/20150410101132/http://www.permira.com/news/permira-news/2015/apr/7/informatica-announces-agreement-to-be-acquired-by-the-permira-funds-and-canada-pension-plan-investment-board|archive-date=10 April 2015|url-status=dead}} On 6 August 2015, the acquisition was completed and Microsoft and Salesforce Ventures invested in the company as part of the deal. The company's stock ceased trading on the Nasdaq effective on the same date.{{cite web|url=http://www.informatica.com/about-us/news/news-releases/2015/08/20150806-informatica-corporation-announces-completion-of-acquisition-by-the-permira-funds-and-canada-pension-plan-investment-board.html|title=Informatica Corporation Announces Completion of Acquisition by the Permira Funds and Canada Pension Plan Investment Board|publisher=informatica.com|url-status=live|archive-url=https://web.archive.org/web/20150905190752/http://www.informatica.com/about-us/news/news-releases/2015/08/20150806-informatica-corporation-announces-completion-of-acquisition-by-the-permira-funds-and-canada-pension-plan-investment-board.html|archive-date=5 September 2015|access-date=7 August 2015}}{{cite news |url=https://www.nytimes.com/2015/08/07/business/dealbook/salesforce-ventures-and-microsoft-join-informatica-buyout.html |title=Salesforce Ventures and Microsoft Join Informatica Buyout |newspaper=The New York Times |date=6 August 2015 |access-date=7 August 2015 |archive-date=9 August 2015 |archive-url=https://web.archive.org/web/20150809075255/http://www.nytimes.com/2015/08/07/business/dealbook/salesforce-ventures-and-microsoft-join-informatica-buyout.html? |url-status=live }}{{cite web|url=https://www.forbes.com/sites/alexkonrad/2015/08/06/microsoft-and-salesforce-join-in-5-3-billion-buyout-of-informatica |title=Microsoft And Salesforce Join In $5.3 Billion Buyout of Informatica |work=forbes.com|access-date=7 August 2015}}

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.{{cite news|url=https://www.reuters.com/technology/enterprise-software-firm-informatica-valued-75-bln-stock-market-return-2021-10-27/|title=Enterprise software firm Informatica valued at $7.5 bln in stock market return|website=reuters.com|date=27 October 2021|access-date=27 October 2021|archive-date=27 October 2021|archive-url=https://web.archive.org/web/20211027171142/https://www.reuters.com/technology/enterprise-software-firm-informatica-valued-75-bln-stock-market-return-2021-10-27/|url-status=live}}

In June 2023 Informatica acquired Privitar, a data management tool.{{Cite web |last=Lunden |first=Ingrid |date=2023-06-14 |title=Informatica acquires Privitar, once valued at $400M, to expand its data management stack |url=https://techcrunch.com/2023/06/14/informatica-acquires-privitar-once-valued-at-400m-to-expand-its-data-management-stack/ |access-date=2024-04-22 |website=TechCrunch |language=en-US}}

In November 2023, Informatica announced a restructuring plan to focus on its cloud offerings. It permanently laid off 10% of its workforce and reduced its office space.{{Cite web |date=2023-11-06 |title=Tech Layoffs: Bay Area Firm Slashes Hundreds of Jobs |url=https://sfstandard.com/2023/11/06/bay-area-tech-layoffs-hundreds-jobs-informatica/ |access-date=2024-04-22 |website=The San Francisco Standard |language=en |archive-date=22 April 2024 |archive-url=https://web.archive.org/web/20240422053640/https://sfstandard.com/2023/11/06/bay-area-tech-layoffs-hundreds-jobs-informatica/ |url-status=live }}

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.{{Cite news |last=Cimilluca |first=Lauren Thomas, Laura Cooper and Dana |title=Exclusive {{!}} Salesforce in Advanced Talks to Buy Informatica |url=https://www.wsj.com/tech/salesforce-in-advanced-talks-to-buy-informatica-ba9ec09c |access-date=2024-04-22 |work=WSJ |language=en-US |archive-date=22 April 2024 |archive-url=https://web.archive.org/web/20240422053639/https://www.wsj.com/tech/salesforce-in-advanced-talks-to-buy-informatica-ba9ec09c |url-status=live }} The deal was eventually abandoned; however, just over a year later, in May 2025, Salesforce announced its intent to purchase Informatica for about $8 billion,{{Cite news |last=Soni |first=Aditya |date=2025-05-27 |title=Salesforce to buy Informatica for $8 billion to bolster AI data tools |url=https://www.reuters.com/technology/salesforce-nears-8-billion-deal-informatica-wsj-reports-2025-05-27/ |access-date=2025-05-27 |work=Reuters |language=en}} subject to regulatory approval.{{cite news |last1=Council |first1=Stephen |title=Salesforce is gobbling up a Bay Area competitor for $8 billion |url=https://www.sfgate.com/tech/article/salesforce-gobbles-bay-area-informatica-20347520.php |work=SFGate |date=May 27, 2025}}

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.{{citation | publisher=Gartner | url=http://www.gartner.com/technology/media-products/reprints/informatica/volume4/article2/article2.html | title=Magic Quadrant for Data Integration Tools | date=25 November 2009 | access-date=15 May 2010 | archive-date=24 September 2015 | archive-url=https://web.archive.org/web/20150924044803/http://www.gartner.com/technology/media-products/reprints/informatica/volume4/article2/article2.html | url-status=live }}

In 2006, Informatica announced a "cloud business".{{citation | publisher=IT Market Strategy | url=http://mervadrian.wordpress.com/2010/06/15/informatica-re-factors-the-value-chain-for-the-cloud/ | title= Informatica Re-Factors the Value Chain for the Cloud | first=Merv | last=Adrian | date=10 June 2010 | access-date=7 July 2010}} In 2023 it announced an AI-powered data management tool{{Cite news |last=Sharma |first=Shubham |date=2023-05-09 |title=Informatica goes all in on generative AI with Claire GPT |url=https://venturebeat.com/data-infrastructure/informatica-goes-all-in-on-generative-ai-with-claire-gpt/ |work=VentureBeat}} and began to fully transition to cloud-based offerings.

Financial results

class="wikitable"
! 2014 ! 2013 ! 2012 ! 2011 ! 2010 ! 2009
Revenue (USD in Millions){{cite web\|url=http://www.nasdaq.com/symbol/infa/revenue-eps\|title=Earnings Per Share - Revenue - Company Dividend - EPS\|website=NASDAQ.com\|access-date=20 April 2018}} \| align="right" \| 1,047.954 M \| align="right" \| 948.171 M \| align="right" \| 811.571 M \| align="right" \| 783.779 M \| align="right" \| 650.076 M \| align="right" \| 600.999 M
Net Income (USD in Millions){{cite web\|url=http://www.wikinvest.com/stock/Informatica_(INFA)/Data/Net_Income\|title=Net Income for Informatica (INFA) - Wikinvest\|website=Wikinvest\|access-date=20 April 2018\|archive-date=11 August 2017\|archive-url=https://web.archive.org/web/20170811010905/http://www.wikinvest.com/stock/Informatica_(INFA)/Data/Net_Income\|url-status=dead}} \| align="right" \| 114.087 M \| align="right" \| 86.400 M \| align="right" \| 93.180 M \| align="right" \| 117.500 M \| align="right" \| 86.320 M \| align="right" \| 54.210 M

class="wikitable"

! 2014

! 2013

! 2012

! 2011

! 2010

! 2009

Revenue (USD in Millions){{cite web|url=http://www.nasdaq.com/symbol/infa/revenue-eps|title=Earnings Per Share - Revenue - Company Dividend - EPS|website=NASDAQ.com|access-date=20 April 2018}}

| align="right" | 1,047.954 M

| align="right" | 948.171 M

| align="right" | 811.571 M

| align="right" | 783.779 M

| align="right" | 650.076 M

| align="right" | 600.999 M

Net Income (USD in Millions){{cite web|url=http://www.wikinvest.com/stock/Informatica_(INFA)/Data/Net_Income|title=Net Income for Informatica (INFA) - Wikinvest|website=Wikinvest|access-date=20 April 2018|archive-date=11 August 2017|archive-url=https://web.archive.org/web/20170811010905/http://www.wikinvest.com/stock/Informatica_(INFA)/Data/Net_Income|url-status=dead}}

| align="right" | 114.087 M

| align="right" | 86.400 M

| align="right" | 93.180 M

| align="right" | 117.500 M

| align="right" | 86.320 M

| align="right" | 54.210 M

File:Informatica HQ 1.JPG

Informatica has grown through a combination of sales growth and through company acquisitions.{{citation | publisher=Forrester | url=http://blogs.forrester.com/business_process/2010/01/introducing-the-mdm-markets-newest-800lb-gorilla-informatica-acquires-siperian.html | title=Introducing The MDM Market's Newest 800lb Gorilla: Informatica Acquires Siperian! | first=Rob | last=Karel | date=28 January 2010 | access-date=15 May 2010 | archive-url=https://web.archive.org/web/20100202011559/http://blogs.forrester.com/business_process/2010/01/introducing-the-mdm-markets-newest-800lb-gorilla-informatica-acquires-siperian.html | archive-date=2 February 2010 | url-status=dead }}