Informatica

Informatica Inc.
	Headquarters in Redwood City
Company type	Public
Traded as	NYSE: INFA (Class A); Russell 1000 component;
Industry	Software
Founded	1993; 31 years ago
Founders	Gaurav Dhillon; Diaz Nesamoney;
Headquarters	Redwood City, California, U.S.
Key people	Amit Walia (CEO); Bruce Chizen (chair);
Products	Data warehousing tools; ETL tools; Big data tools;
Revenue	US$1.595 billion (2023)
Operating income	US$33.6 million (2023)
Net income	US$−125 million (2023)
Total assets	US$5.202 billion (2023)
Total equity	US$2.213 billion (2023)
Number of employees	5,000+ (December 2023)
Website	informatica.com
	Footnotes / references;

Informatica Inc. is an American software development company founded in 1993. It is headquartered in Redwood City, California.^[2] 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.^[3]

History

Informatica was founded in 1993 by Gaurav Dhillon and Diaz Nesamoney.^[4]

On 29 April 1999, its initial public offering on the Nasdaq stock exchange listed its shares under the stock symbol INFA.^[5]^[6]

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.^[7] On 6 August 2015, the acquisition was completed and Microsoft and Salesforce Ventures invested in the company as part of the deal.^[8] The company's stock ceased trading on the Nasdaq effective on the same date.^[9]^[10]^[8]

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.^[11]

In June 2023 Informatica acquired Privitar, a data management tool.^[12]

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.^[13]

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.^[14] The deal was later reported to have been abandoned.^[15]

Informatica, announced on Monday that it is not engaged in acquisition talks, following earlier reports that Salesforce had expressed interest in purchasing the company for approximately $10 billion.^[16]

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.^[2]^[17]

In 2006, Informatica announced a "cloud business".^[18] In 2023 it announced an AI-powered data management tool^[19] and began to fully transition to cloud-based offerings.^[13]

Financial results

	2014	2013	2012	2011	2010	2009
Revenue (USD in Millions)^[20]	1,047.954 M	948.171 M	811.571 M	783.779 M	650.076 M	600.999 M
Net Income (USD in Millions)^[21]	114.087 M	86.400 M	93.180 M	117.500 M	86.320 M	54.210 M