Informatica
American software company From Wikipedia, the free encyclopedia
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]
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Headquarters in Redwood City | |
| Company type | Public |
|---|---|
| |
| Industry | Software |
| Founded | 1993 |
| Founders |
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| Headquarters | Redwood City, California, U.S. |
Key people |
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| Products |
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| Revenue | US$1.64 billion (2024) |
| US$127 million (2024) | |
| US$9.93 million (2024) | |
| Total assets | US$5.28 billion (2024) |
| Total equity | US$2.31 billion (2024) |
Number of employees | 5,200 (2024) |
| Website | informatica |
| Footnotes / references [1] | |
History
Summarize
Perspective
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]
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][16]
In 2006, Informatica announced a "cloud business".[17] In 2023 it announced an AI-powered data management tool[18] and began to fully transition to cloud-based offerings.[13]
Financial results
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|
| Revenue (USD in Millions)[19] | 1,047.954 M | 948.171 M | 811.571 M | 783.779 M | 650.076 M | 600.999 M |
| Net Income (USD in Millions)[20] | 114.087 M | 86.400 M | 93.180 M | 117.500 M | 86.320 M | 54.210 M |
Informatica has grown through a combination of sales growth and through company acquisitions.[16][21]
References
External links
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