October 8, 2023

Informatica completes $5.3B deal to go private; CEO Sohaib Abbasi steps down; Microsoft and Salesforce Ventures invest

Informatica completes $5.3B deal to go private; CEO Sohaib Abbasi steps down; Microsoft and Salesforce Ventures invest

Informatica, a data integration company based in Redwood, California has announced that chief product officer Anil Chakravarthy will be its new Chief Executive Officer. Sohaib Abbasi, former CEO, will continue in the role of Chairman. The company is backed by strategic investors, Microsoft and Salesforce Ventures

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