Salesforce Acquires Cloud Data Management Giant Informatica in $11 Billion Deal

In a landmark development that reshapes the enterprise technology landscape, Salesforce (NYSE: CRM) has agreed to acquire Informatica (NYSE: INFA), a global leader in cloud data management, in a deal reportedly valued at approximately $11 billion. The move underscores Salesforce’s aggressive push toward AI-driven enterprise transformation by strengthening its data foundation to power real-time, intelligent

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Salesforce Acquires Convergence to Strengthen AI Capabilities and Compete in the Generative AI Landscape

In a strategic move to enhance its artificial intelligence (AI) offerings, Salesforce has acquired Convergence, a London-based AI startup, aiming to bolster its position in the competitive generative AI market alongside industry leaders like OpenAI, Anthropic, and Google’s Duet AI. About Convergence Founded in April 2024 by machine learning engineers Marvin Purtorab (CEO) and Andy

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