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{{Short description|American software company}}
{{Use dmy dates|date=March 2020}}
{{Infobox company {{Infobox company
| name = Informatica Corporation | name = Informatica Inc.
| logo = | logo = InformaticaLogo.png
| image = 2100 Seaport Boulevard.jpg
| type = ](]:
| image_size = 260px
)
| image_caption = Headquarters in Redwood City
| foundation = 1993
| founder = ] | type = ]
| traded_as = {{ubl|{{NYSE|INFA}} (Class A)|] component}}
| location_city = Redwood City, California
| founded = {{Start date and age|1993}}
| location_country = ]
| founders = {{ubl|Gaurav Dhillon|Diaz Nesamoney}}
| industry = ]
| hq_location = {{nowrap|], U.S.}}
| products = Informatica PowerCenter, PowerExchange, Siperian
| industry = ]
| revenue = $325 million(2006) <ref name="linkedin">{{citation | publisher=Linkedin | url=http://www.linkedin.com/companies/informatica | title=Linked Page on Informatica | first= | last= | date= | accessdate=3 June 2010}}</ref>
| key_people = {{ubl|Amit Walia (])|] (])}}
| num_employees = 1,600 <ref name="linkedin" />
| products = {{ubl|] tools|] tools|] tools}}
| area_served = Worldwide
| revenue = {{Increase}} {{US$|1.595&nbsp;billion|link=yes}} (2023)
| homepage = http://www.informatica.com
| operating_income = {{Increase}} {{US$|33.6&nbsp;million}} (2023)
| net_income = {{Decrease}} {{US$|&minus;125&nbsp;million}} (2023)
| assets = {{Increase}} {{US$|5.202 billion}} (2023)
| equity = {{Increase}} {{US$|2.213 billion}} (2023)
| num_employees = 5,000+ (December 2023)
| website = {{url|informatica.com}}
| footnotes = <ref name=10K>{{cite web | publisher=] | url=https://www.sec.gov/ix?doc=/Archives/edgar/data/0001868778/000186877824000006/infa-20231231.htm | title=Informatica, Inc. 2023 Form 10-K (Annual Report) | date=22 February 2024}}</ref>
}} }}


'''Informatica Corporation''' is a ] listed company with ticker INFA<ref>{{citation | publisher=NASDAQ | url=http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=INFA&selected=INFA | title=INFA: Stock Quote & Summary Data | first= | last= | date= | accessdate=15 May 2010}}</ref>. Founded in 1993, its headquarters is in ].<ref name="company">{{citation | publisher=Informatica website | url=http://www.informatica.com/company/Pages/index.aspx | title=Informatica | first= | last= | date= | accessdate=15 May 2010}}</ref> ] is the company's Chairman and CEO.<ref name="company" /> '''Informatica Inc.''' is an American ] development company founded in 1993. It is headquartered in ].<ref name="company">{{citation | publisher=Informatica website | url=http://www.informatica.com/company/Pages/index.aspx | title=Informatica | access-date=15 May 2010}}</ref> 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.<ref>{{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}}</ref>


== History ==
Informatica is reported to be the most recognized ] tools brands, and as having a strong leadership position.<ref name="gartner">{{citation | publisher=Gartner | url=http://www.gartner.com/technology/media-products/reprints/informatica/volume4/article2/article2.html | title= Magic Quadrant for Data Integration Tools | first= | last= | date=25 November 2009 | accessdate=15 May 2010}}</ref>


Informatica was founded in 1993 by Gaurav Dhillon and Diaz Nesamoney.<ref>{{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=]}}</ref>
== Main products ==
Informatica's products include PowerCenter, PowerExchange an ].<ref name="company" /> Its customer base is over 2,700 companies.<ref name="company" /><ref name="gartner" />


On 29 April 1999, its ] on the ] stock exchange listed its shares under the stock symbol INFA.<ref>{{Cite news |url=https://www.nytimes.com/1999/04/30/business/informatica-shares-soar.html |title=Informatica Shares Soar |date=30 April 1999 |work=]}}</ref><ref>{{Cite news |url=https://money.cnn.com/1999/04/29/technology/ipo/ |title=IPO |date=29 April 1999 |work=]}}</ref>
Informatica launched its Informatica Cloud business in 2006.<ref>{{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 | accessdate=7 July 2010}}</ref> Customers include the Dallas Mavericks basketball franchise, who have made use of its ability to consolidate data from many customer touch points.<ref>{{citation | publisher= | url=http://www.tmcnet.com/channels/sales-software/articles/83202-dallas-mavericks-score-big-with-informatica-cloud-salesforce.htm | title=Dallas Mavericks Score Big with the Informatica Cloud on Salesforce | first=Anil | last=Sharma | date=27 April 2010 | accessdate=17 May 2010}}</ref> Informatica announced Toshiba America Business Solutions has signed up in May 2010, with sales process deployment speeded up from months to hours.<ref>{{citation | publisher=Yahoo finance (company press release) | url=http://finance.yahoo.com/news/Toshiba-Relies-on-Informatica-pz-3516968255.html?x=0&.v=1 | title=Toshiba Relies on Informatica Cloud for Improved Sales Productivity | first= | last= | date=4 May 2010 | accessdate=17 May 2010}}</ref>

On 7 April 2015, ] and ] announced that a company controlled by the Permira funds and CPPIB would acquire Informatica for approximately US$5.3 billion.<ref>{{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}}</ref> On 6 August 2015, the acquisition was completed and ] and ] invested in the company as part of the deal.<ref name=":0" /> The company's stock ceased trading on the Nasdaq effective on the same date.<ref>{{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}}</ref><ref>{{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}}</ref><ref name=":0">{{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}}</ref>

On 27 October 2021, Informatica again became publicly traded with the INFA stock symbol, this time listed on the ], opening at $27.55 per share.<ref>{{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}}</ref>

In June 2023 Informatica acquired Privitar, a data management tool.<ref>{{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}}</ref>

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.<ref name=":1">{{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}}</ref>

In April 2024, the ] reported that ] was in advanced talks to acquire Informatica at a price below its $11 billion market capitalization at the time.<ref>{{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}}</ref> The deal was later reported to have been abandoned.<ref>{{Cite news |last=Sen |first=Anirban |date=2024-04-21 |title=Salesforce abandons pursuit of Informatica, source says |url=https://www.reuters.com/markets/deals/salesforces-talks-buy-informatica-fizzle-wsj-reports-2024-04-21/ }}</ref>

== Products ==
Informatica's product portfolio is focused on ]: ], ], ] ], ] integration, ], ], ], ], ], ] management, ultra messaging, and ]. These components form a toolset for establishing and maintaining ]s. It has over 9,500 customers.<ref name="company" /><ref name="gartner">{{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}}</ref>

In 2006, Informatica announced a "cloud business".<ref>{{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}}</ref> In 2023 it announced an AI-powered data management tool<ref>{{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=]}}</ref> and began to fully transition to cloud-based offerings.<ref name=":1" />


== Financial results == == Financial results ==
]
{| class="wikitable" {| class="wikitable"
|- |-
! !
! 2014
! 2013
! 2012
! 2011
! 2010
! 2009 ! 2009
! 2008
! 2007
! 2006
|- |-
| Revenue (USD in Millions)<ref>{{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}}</ref>
| Turnover (USD 000s)
| align="right" | 500,693 | align="right" | 1,047.954 M
| align="right" | 455,699 | align="right" | 948.171 M
| align="right" | 391,256 | align="right" | 811.571 M
| align="right" | 324,598 | align="right" | 783.779 M
| align="right" | 650.076 M
| align="right" | 600.999 M
|- |-
| Net Income (USD in Millions)<ref>{{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}}</ref>
| Net Income (USD 000s)
| align="right" | 64,211 | align="right" | 114.087 M
| align="right" | 55,980 | align="right" | 86.400 M
| align="right" | 54,616 | align="right" | 93.180 M
| align="right" | 36,206 | align="right" | 117.500 M
| align="right" | 86.320 M
| align="right" | 54.210 M
|} |}
]


Informatica's growth has been through a combination of organic growth and growth through acquisition.<ref name="gartner" /><ref>{{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 | accessdate=15 May 2010}}</ref> Informatica has grown through a combination of sales growth and through company acquisitions.<ref name="gartner" /><ref>{{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 }}</ref>


== References == == References ==
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== External links == == External links ==
{{commonscat|Informatica Corporation}} {{Commons category|Informatica Corporation}}
*{{Official website}}
* {{official|http://www.informatica.com/}}
*
*


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Latest revision as of 23:42, 17 December 2024

American software company

Informatica Inc.
Headquarters in Redwood City
Company typePublic
Traded as
IndustrySoftware
Founded1993; 31 years ago (1993)
Founders
  • Gaurav Dhillon
  • Diaz Nesamoney
HeadquartersRedwood City, California, U.S.
Key people
Products
RevenueIncrease US$1.595 billion (2023)
Operating incomeIncrease US$33.6 million (2023)
Net incomeDecrease US$−125 million (2023)
Total assetsIncrease US$5.202 billion (2023)
Total equityIncrease US$2.213 billion (2023)
Number of employees5,000+ (December 2023)
Websiteinformatica.com
Footnotes / references

Informatica Inc. is an American software development company founded in 1993. It is headquartered in Redwood City, California. 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.

History

Informatica was founded in 1993 by Gaurav Dhillon and Diaz Nesamoney.

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

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. 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.

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.

In June 2023 Informatica acquired Privitar, a data management tool.

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.

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. The deal was later reported to have been abandoned.

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.

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

Financial results

2014 2013 2012 2011 2010 2009
Revenue (USD in Millions) 1,047.954 M 948.171 M 811.571 M 783.779 M 650.076 M 600.999 M
Net Income (USD in Millions) 114.087 M 86.400 M 93.180 M 117.500 M 86.320 M 54.210 M
Former headquarters in Redwood City

Informatica has grown through a combination of sales growth and through company acquisitions.

References

  1. "Informatica, Inc. 2023 Form 10-K (Annual Report)". U.S. Securities and Exchange Commission. 22 February 2024.
  2. ^ Informatica, Informatica website, retrieved 15 May 2010
  3. "Informatica CEO sees no slowdown in cloud growth". SiliconANGLE. 2 May 2024. Retrieved 19 July 2024.
  4. McKenna, Brian (19 February 2021). "Gaurav Dhillon: Silicon Valley is poised to grow up to seize a more spiritual future". Computer Weekly.
  5. "Informatica Shares Soar". The New York Times. 30 April 1999.
  6. "IPO". CNN Money. 29 April 1999.
  7. "Informatica Announces Agreement to be Acquired by The Permira Funds and Canada Pension Plan Investment Board". permira.com. Archived from the original on 10 April 2015. Retrieved 7 April 2015.
  8. ^ "Microsoft And Salesforce Join In $5.3 Billion Buyout of Informatica". forbes.com. Retrieved 7 August 2015.
  9. "Informatica Corporation Announces Completion of Acquisition by the Permira Funds and Canada Pension Plan Investment Board". informatica.com. Archived from the original on 5 September 2015. Retrieved 7 August 2015.
  10. "Salesforce Ventures and Microsoft Join Informatica Buyout". The New York Times. 6 August 2015. Retrieved 7 August 2015.
  11. "Enterprise software firm Informatica valued at $7.5 bln in stock market return". reuters.com. 27 October 2021. Retrieved 27 October 2021.
  12. Lunden, Ingrid (14 June 2023). "Informatica acquires Privitar, once valued at $400M, to expand its data management stack". TechCrunch. Retrieved 22 April 2024.
  13. ^ "Tech Layoffs: Bay Area Firm Slashes Hundreds of Jobs". The San Francisco Standard. 6 November 2023. Retrieved 22 April 2024.
  14. Cimilluca, Lauren Thomas, Laura Cooper and Dana. "Exclusive | Salesforce in Advanced Talks to Buy Informatica". WSJ. Retrieved 22 April 2024.{{cite news}}: CS1 maint: multiple names: authors list (link)
  15. Sen, Anirban (21 April 2024). "Salesforce abandons pursuit of Informatica, source says".
  16. ^ Magic Quadrant for Data Integration Tools, Gartner, 25 November 2009, retrieved 15 May 2010
  17. Adrian, Merv (10 June 2010), Informatica Re-Factors the Value Chain for the Cloud, IT Market Strategy, retrieved 7 July 2010
  18. Sharma, Shubham (9 May 2023). "Informatica goes all in on generative AI with Claire GPT". VentureBeat.
  19. "Earnings Per Share - Revenue - Company Dividend - EPS". NASDAQ.com. Retrieved 20 April 2018.
  20. "Net Income for Informatica (INFA) - Wikinvest". Wikinvest. Archived from the original on 11 August 2017. Retrieved 20 April 2018.
  21. Karel, Rob (28 January 2010), Introducing The MDM Market's Newest 800lb Gorilla: Informatica Acquires Siperian!, Forrester, archived from the original on 2 February 2010, retrieved 15 May 2010

External links

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