Salesforce Acquires Informatica for $8 Billion – BofA Sees Strategic Advantages and a Price Potential of Around 30%!
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The acquisition of Informatica for $8 billion is intended to create a unified architecture for AI agents. CEO Marc Benioff refers to it as the "most comprehensive, agent-ready data platform in the industry." Agentforce 2.0 is expected to increase the addressable market potential to $749 billion by 2030, according to Wedbush Securities. The 4th quarter delivered milestones with quarterly revenue exceeding $10 billion and remaining performance obligations of over $60 billion. BofA confirms a "Top Pick" with a price target of $360 (Buy),...
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