Latham & Watkins Advises Informatica in US$8 Billion Acquisition by Salesforce

Salesforce (NYSE: CRM), the world’s #1 AI CRM, and Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, have announced that they have entered into an agreement for Salesforce to acquire Informatica for approximately US$8 billion in equity value, net of Salesforce’s current investment in Informatica. Under the terms of the agreement, holders of Informatica’s Class A and Class B-1 common stock will receive US$25 in cash per share. The transaction has been approved by the boards of directors of both Salesforce and Informatica and is expected to close early in Salesforce’s fiscal year 2027, subject to the receipt of required regulatory clearances and satisfaction of other customary closing conditions.

Latham & Watkins LLP represents Informatica in the transaction with a corporate deal team led by Washington, D.C. partner Brian Mangino, New York partner Amber Banks, and Chicago partner Max Schleusener, with associates Alice Bradshaw, Henna Jalal, Tyler Arnfelt, Katie Connelly, Sean Sheely, Michelle Kim, Leah Beukelman, Taylor Larson, Amarantha Gomez, Danni Wang, Margaret (Juna) Kim, and Noreen Latif. Advice was provided on finance matters by Los Angeles partner Mark Morris and New York partner Scott Ollivierre; on benefits and compensation matters by Washington, D.C. partner David Della Rocca and Bay Area partner James Robinson, with associates Bryce Williamson and Christina Schrantz; on intellectual property matters by Bay Area partner Anthony Klein and Washington, D.C. partner Morgan Brubaker, with associate Kellye Quirk; on data privacy matters by Houston/Austin partner Robert Brown, with associate Zac Alpert; on antitrust matters by Washington, D.C. partner Mandy Reeves, New York partner Katherine Rocco, Brussels partners Hector Armengod and Tomas Nilsson, Brussels counsel Philipp Studt, and senior merger control attorney Matthew Piehl; on CFIUS and FDI matters by Washington, D.C. partner Damara Chambers, Hamburg partner Jana Dammann de Chapto, and Washington, D.C. counsel Ruchi Gill, with associate Nicolas Jung; on sanctions matters by associate Eric Green; on antibribery matters by Washington, D.C. partner Daniel Dominguez; on litigation matters by New York partner Blair Connelly and Orange County partners Michele Johnson and Kristin Murphy; on government contracts matters by Washington, D.C. partners Kyle Jefcoat and Dean Baxtresser; on real estate matters by Chicago counsel Jeffrey Anderson, with associate Charles McGrath; and on capital markets matters by associate Andrew Rutsky.