Salesforce is buying AI-powered cloud data management company Informatica in an approximately $8 billion deal.
Informatica's shareholders will receive $25 per share, a premium of about 11% from Friday's closing price of $22.55.
The transaction will give Salesforce access to Informatica's data management capabilities.
Informatica was taken private in 2015 by private equity firm Permira and the Canada Pension Plan Investment Board for about $5.3 billion. It went public again in 2021.
“Joining forces with Salesforce represents a significant leap forward in our journey to bring data and AI to life by empowering businesses with the transformative power of their most critical asset — their data,” Informatica CEO Amit Walia said in a statement on Tuesday. “We have a shared vision for how we can help organizations harness the full value of their data in the AI era.”
Robin Washington, president and chief operating and financial officer at Salesforce, said in a statement that the acquisition will look to take advantage of Informatica's capabilities quickly, particularly in areas such as the public sector, life sciences, health care, and financial services. San Francisco-based Salesforce is set to report its quarterly financial results Wednesday after the bell.
Both companies' boards have approved the deal, which is expected to close early in Salesforce’s fiscal 2027.
Shares of Salesforce rose slightly before the market open, while Informatica's stock jumped 5.7%.
FILE - In this May 16, 2019, file photo, Salesforce chairman Marc Benioff speaks during a news conference, in Indianapolis. (AP Photo/Darron Cummings, File)
FILE - People walk past the Salesforce Tower in New York on Thursday, May 8, 2025. (AP Photo/Ted Shaffrey, File)
Veteran Australia batter Usman Khawaja has announced he will retire from international cricket after the fifth Ashes test beginning Sunday at the Sydney Cricket Ground.
He didn't go quietly.
The Pakistan-born Khawaja, who was the first Muslim to play for Australia, used his retirement announcement Friday to criticize the “racial" stereotyping he experienced during his career.
It will be the 39-year-old Khawaja's 88th and final test — played at the ground where he began his first-class career. Khawaja scored his first Ashes century at the SCG with 171 against England in 2018.
It was also at that the SCG where he revived his career at age 35, scoring two centuries against England. That prompted one of the great late-career revivals, as Khawaja hit seven centuries in his next two years back in the side.
But Khawaja’s position had come under scrutiny and criticism this season after being unable to open in the first Ashes test in Perth due to back spasms and then missing the Brisbane test with the injury.
He was then initially left out in Adelaide until Steve Smith’s vertigo allowed Khawaja to return, before an 82 in the first innings there ensured he would stay in the side for the fourth test in Melbourne. Australia, with a 3-1 lead going into the fifth test, has retained the Ashes.
Khawaja said he felt he was treated “a little bit different, even to now,” because of his Pakistan and Muslim background.
"Different in the way I’ve been treated, different in how things have happened,” he said at a media conference in Sydney. “I had back spasms, it was something I couldn’t control. The way the media and the past players came out and attacked me . . . I copped it for about five days straight. Everyone was piling in.
“Once the racial stereotypes came in, of me being lazy, it was things I’ve dealt with my whole life. Pakistani, West Indian, colored players...we’re selfish, we only care about ourselves, we don’t care about the team, we don’t train hard enough."
Khawaja said he knew the end of his career was imminent.
“I guess moving into this series, I had an inkling this would be the last series," he said. "I’m glad I can go out on my own terms.”
Khawaja has scored 6,206 runs at an average of 43.49 in his 87 tests with 16 centuries and 28 half-centuries.
“Usman has made a huge contribution to Australian cricket both through his outstanding achievements as one of our most stylish and resilient batters . . . and off field, particularly through the Usman Khawaja Foundation,” Cricket Australia chief executive Todd Greenberg said in a statement.
“Usman has been one of Australia’s most reliable opening batters and testament to his success was him being named ICC test cricketer of the year the same season that Australia won the World Test Championship (in 2023).”
Khawaja said his No. 1 emotion on announcing his retirement was “contentment.”
“I’m very lucky to have played so many games for Australia the way I have,” Khawaja said. "I hope I have inspired people along the way.”
AP cricket: https://apnews.com/hub/cricket
Australian cricketer Usman Khawaja with his wife Rachel and daughters Aisha and Ayla after announcing that he will retire from international cricket following the fifth and final Ashes cricket test between England and Australia in Sydney, Australia, Friday, Jan. 2, 2026. (AP Photo/Mark Baker)
Australia Usman Khawaja, centre, sits with teammates after announcing he will retire from international cricket following the fifth and final Ashes cricket test between England and Australia in Sydney, Australia, Friday, Jan. 2, 2026. (AP Photo/Mark Baker)
Australia Usman Khawaja warms up during a practice session ahead of the fifth and final Ashes cricket test between England and Australia in Sydney, Australia, Friday, Jan. 2, 2026. (AP Photo/Mark Baker)
Australia's Travis Head, right, is congratulated by teammate Usman Khawaja after reaching 50 runs during play on day three of the third Ashes cricket test between England and Australia in Adelaide, Australia, Friday, Dec. 19, 2025. (AP Photo/James Elsby)
Australia's Usman Khawaja sign autograph to fans after they won the third Ashes cricket test match against England in Adelaide, Australia, Sunday, Dec. 21, 2025 (AP Photo/James Elsby)
