Permira, an international private equity firm, and Canada Pension Plan Investment Board, a global investment management organization, announced today that a company controlled by the Permira funds and CPPIB has signed a definitive agreement to acquire Informatica Corporation, the world’s number one independent provider of enterprise data integration software and services, for approximately US$5.3 billion.
Under the terms of the agreement, Informatica shareholders will receive US$48.75 in cash for each share of Informatica common stock.
Informatica’s three-pronged growth strategy is to expand across all major geographic regions, grow across all customer data initiatives, and advance technology leadership in all things data. As an innovation leader with a robust ecosystem of more than 400 global partners, Informatica is well known for its deep industry knowledge, extensive systems integration and services expertise and specialized solutions.
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