https://www.channelfutures.com/wp-content/themes/channelfutures_child/assets/images/logo/footer-new-logo.png
  • Home
  • Technologies
    • Back
    • Analytics
    • Artificial Intelligence
    • Cloud
    • Data Centers
    • Desktop
    • IoT
    • Mobility
    • Networking
    • Open Source
    • RMM/PSA
    • Security
    • Virtualization
    • Voice/Connectivity
  • Strategy
    • Back
    • Best Practices
    • Business Models
    • Channel 101
    • Channel Programs
    • Channel Research
    • Digital Transformation
    • Diversity & Inclusion
    • Leadership
    • Mergers and Acquisitions
    • Sales & Marketing
    • Specialty Practices
  • MSSP Insider
    • Back
    • Business of Security
    • Cloud and Edge
    • Endpoint
    • Network
    • People and Careers
    • Training and Policies
  • MSP 501
    • Back
    • 2021 MSP 501 Application
    • 2020 MSP 501 Rankings
    • 2020 Hot 101 Rankings
    • 2020 MSP 501 Report
  • Intelligence
    • Back
    • Our Sponsors
    • From the Industry
    • Content Resources
    • COVID-19 Partner Help
    • Galleries
    • Podcasts
    • Reports
    • Videos
    • Webinars
    • White Papers
  • EMEA
  • Awards
    • Back
    • Excellence in Digital Services
    • 2021 MSP 501
    • Top Gun 51
  • Events
    • Back
    • CP Conference & Expo
    • Channel Partners Evolution
    • Channel Evolution Europe
    • Channel Partners Event Coverage
    • Webinars
  • Channel Mentor
    • Back
    • Channel Market Intelligence
    • Channel Educational Series
Channel Futures
  • NEWSLETTER
  • Home
  • Technologies
    • Back
    • Analytics
    • Artificial Intelligence
    • Cloud
    • Data Centers
    • Desktop
    • IoT
    • Mobility
    • Networking
    • Open Source
    • RMM/PSA
    • Security
    • Virtualization
    • Voice/Connectivity
  • Strategy
    • Back
    • Best Practices
    • Business Models
    • Channel 101
    • Channel Programs
    • Channel Research
    • Digital Transformation
    • Diversity & Inclusion
    • Leadership
    • Mergers and Acquisitions
    • Sales & Marketing
    • Specialty Practices
  • MSSP Insider
    • Back
    • Business of Security
    • Cloud and Edge
    • Endpoint
    • Network
    • People and Careers
    • Training and Policies
  • MSP 501
    • Back
    • 2021 MSP 501 Application
    • 2020 MSP 501 Rankings
    • 2020 Hot 101 Rankings
    • 2020 MSP 501 Report
  • Intelligence
    • Back
    • Our Sponsors
    • From the Industry
    • Content Resources
    • COVID-19 Partner Help
    • Galleries
    • Podcasts
    • Reports
    • Videos
    • Webinars
    • White Papers
  • EMEA
  • Awards
    • Back
    • Excellence in Digital Services
    • 2021 MSP 501
    • Top Gun 51
  • Events
    • Back
    • CP Conference & Expo
    • Channel Partners Evolution
    • Channel Evolution Europe
    • Channel Partners Event Coverage
    • Webinars
  • Channel Mentor
    • Back
    • Channel Market Intelligence
    • Channel Educational Series
    • Newsletter
  • REGISTER
  • MSPs
  • VARs / SIs
  • Digital Service Providers
  • Cloud Service Providers
  • CHANNEL PARTNERS ONLINE
 Channel Futures

Mergers and Acquisitions


Anil Chakravarthy Informatica acting CEO

Microsoft, Salesforce Late Investors in Informatica $5.3 Billion Private Equity Deal

  • Written by DH Kass 1
  • August 7, 2015
Microsoft and Salesforce both entered the picture late as strategic investors in Informatica's $5.3 billion private equity buyout.

Enterprise data integration software provider Informatica, which went public some 16 years ago, closed a $5.3 billion deal to go private with European equity firm Permira Advisers and the Canada Pension Plan Investment Board (CPPIB).

The deal’s surprise is that Microsoft (MSFT) and Salesforce (CRM) both entered the picture late as strategic investors. Neither Informatica nor its new investors disclosed the size of their stakes in the newly-private company.

In the private equity deal originally announced in early April, Informatica shareholders received $48.75 in cash for each share of common stock. Informatica’s stock, formerly traded under INFA on the Nasdaq, has been pulled and no longer is trading.

As part of the transaction, Sohaib Abbasi, Informatica chairman and former chief executive officer (CEO), will stay on as chairman and Anil Chakravarthy, chief product officer, takes the reigns as the company’s acting CEO. In addition, Bruce Chizen, former Adobe (ADB) CEO, has joined Informatica’s board and will serve also as a special advisor.

Abbasi said Informatica’s goals remain the same as when it was a public company–focusing on cloud integration, big data integration, master data management tools and data security–but now will be able to chart its growth with the long-term in mind.

“The Informatica goal remains to grow into a multi-billion dollar leader in all things data,” he said. “Now as a private company, with a long view measured in years, not quarters, we will have more flexibility and more time to implement our transformative innovation roadmap and to evolve our business model,” said Abbasi.

The private equity buyout came amid significant pressure on Informatica’s board exerted by activist hedge fund Elliott Management, formerly the software maker’s largest shareholder with an 8 percent stake. Elliott, which disclosed its Informatica stake in an SEC filing in January, at the time describing the software company’s stock as “significantly undervalued” and vowed to “initiated a dialogue” to “maximize shareholder value.”

Chakravarthy said Informatica’s “transformative innovation roadmap includes four distinct billion-dollar opportunities: cloud integration, next generation big data integration, MDM solutions and data security. And living our customer-first culture, we will evolve our business model to match customers’ preferences for pay-for-use subscription offerings.”

Tags: MSPs Mergers and Acquisitions

Related


  • Man with storage in data center
    Data Protection Providers Arcserve, StorageCraft Agree to Merge
    The deal expands market coverage for both Arcserve and StorageCraft partners.
  • Security Operations Center SOC
    Kaseya Buying RocketCyber to Improve MSPs' Security Capabilities
    This acquisition "catapults" Kaseya even further ahead of its competition, the company's CEO said.
  • Mergers and acquisitions_M&A
    Calligo Acquires Decisive Data, Beefs Up Data Insights Services
    This is Calligo's 10th acquisition since it launched in 2012, and the fifth during the pandemic.
  • Security Merger
    Palo Alto Networks Unveils Bridgecrew Acquisition, Prisma Access 2.0
    Bridgecrew is a pioneer in shift left, focusing on infrastructure as code (IaC).

Leave a comment Cancel reply

-or-

Log in with your Channel Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • Partners Share Their 2021 Goals—and Plans for Achieving Them
  • IBM Buys Cloud MSP Taos for Expertise in AWS, Azure, Google
  • Huntress Acquires Level Effect EDR to Beef Up Platform
  • Hornetsecurity Acquires Altaro for Expanded Security Services

Galleries

View all

Channel Partners Virtual 2021 Is the Hottest Ticket in Town

February 26, 2021

Industry Perspectives

View all

The “Roaring 20s” Are Coming

February 25, 2021

Three Ways MSPs Can Improve Supply Chain Security

February 24, 2021

SASE: The Key to Mitigating Business Transformation Risk

February 22, 2021

Webinars

View all

A Partner’s Perspective on Channel Success in 2021

March 23, 2021

XDR and Why it Matters to MSPs

March 24, 2021

Top Security Trends Impacting Technology Security Providers In 2021

March 25, 2021

White Papers

View all

Ready To Add Cutting Edge IoT Solutions To Your Portfolio?

  • 1
February 25, 2021

What Is The Value Of Distribution For The Internet Of Things?

February 25, 2021

The Internet of Things (IoT): Where do You Begin?

  • 1
February 25, 2021

Upcoming Events

View all

Channel Partners Virtual

March 2, 2021 - March 4, 2021

Channel Partners Conference & Expo

November 1, 2021 - November 4, 2021

Videos and Fastchats

View all

FASTCHAT: How SOAR Eliminates Security Challenges and Elevates Service Provider Revenues

January 6, 2021

Happy Holidays from Channel Partners & Channel Futures!

December 21, 2020

FASTCHAT: How Old, Unpatched Technologies Are Creating New Security Threats for MSPs and Their Customers

December 3, 2020

Twitter

ChannelFutures

#CPVirtual has arrived! Excited for speakers @channelsmart @jldelozier3 @jmcbain and more. dlvr.it/Rtm5yr https://t.co/MiwNsfGGLw

March 1, 2021
ChannelFutures

.@solarwinds incurring additional expenses in aftermath of massive hack. #cybersecurity dlvr.it/Rtlxzd https://t.co/CpBjkIEaus

March 1, 2021
ChannelFutures

.@IBM working with 65 partners for #CloudSatellite services. @IBMPartners dlvr.it/RtlmDC https://t.co/R6IzgklQ6c

March 1, 2021
ChannelFutures

NOW OPEN: 2021 Channel Futures MSP 501 Awards. ✍️ Start your online application today: bit.ly/2021MSP501. Ha… twitter.com/i/web/status/1…

March 1, 2021
ChannelFutures

Applying for the 2021 #MSP501? Check out our FAQs for everything you EVER wanted to know about applying & submittin… twitter.com/i/web/status/1…

March 1, 2021
ChannelFutures

Educate #WFH employees about #phishing and increase emphasis on cybersecurity to avoid a data breach, say @GiacomCM… twitter.com/i/web/status/1…

March 1, 2021
ChannelFutures

Amazon WorkSpaces @awscloud DaaS client will be available on @IGEL_Technology virtual endpoint client OS.… twitter.com/i/web/status/1…

February 26, 2021
ChannelFutures

.@VMware cutting more workers in California as part of ongoing #workforcerebalancing. #layoffs… twitter.com/i/web/status/1…

February 26, 2021

MSSP Insider

Newsletters and Updates

Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more.

Live Channel Events

Get the latest information on the next industry-leading Channel Partners event.

Channel Partners Online

Want more? Find more channel news and analysis on our sister site, Channel Partners.

Media Kit And Advertising

Want to reach our audience? Access our media kit

DISCOVER MORE FROM INFORMA TECH

  • Channel Partners Online
  • Channel Partners Events
  • MSP 501
  • MSSP Insider
  • IoT World Today
  • Webhostingtalk

WORKING WITH US

  • Contact
  • About us
  • Advertise
  • Newsletter

FOLLOW Channel Futures ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookie Policy
  • Terms
Copyright © 2021 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X