Informatica

Last updated

Informatica Inc.
Type Public company
Industry Software
Founded1993;30 years ago (1993)
Founders
  • Gaurav Dhillon
  • Diaz Nesamoney
Headquarters Redwood City, California, U.S.
Key people
Amit Walia (CEO)
Products
RevenueIncrease2.svg US$1.51 billion (2022)
Decrease2.svgUS$25.6 million (2022)
Increase2.svgUS$54 million (2022)
Total assets Decrease2.svgUS$4.97 billion (2022)
Total equity Increase2.svgUS$2.05 billion (2022)
Number of employees
6,000+ (December 2022)
Website informatica.com
Footnotes /references
[1]

Informatica is an American software development company founded in 1993. It is headquartered in Redwood City, California. [2] Its core products include enterprise cloud data management and data integration. It was co-founded by Gaurav Dhillon and Diaz Nesamoney. Amit Walia is the company's CEO. [2]

Contents

History

On 29 April 1999, its Initial public offering on the Nasdaq stock exchange listed its shares under the stock symbol INFA.

On 7 April 2015, Permira and Canada Pension Plan Investment Board announced that a company controlled by the Permira funds and CPPIB would acquire Informatica for approximately US$5.3 billion. [3]

On 6 August 2015, the acquisition was completed and Microsoft and Salesforce Ventures invested in the company as part of the deal. [4] The company's stock ceased trading on the Nasdaq under the ticker symbol INFA effective on the same date. [5] [6] [4]

On 27 October 2021, Informatica again became publicly traded with the INFA stock symbol, this time listed on the NYSE, opening at $27.55 per share. [7]

Products

Informatica's product portfolio is focused on data integration: extract, transform, load, information lifecycle management, business-to-business data exchange, cloud computing integration, complex event processing, data masking, data quality, data replication, data virtualization, master data management, ultra messaging, and data governance. These components form a toolset for establishing and maintaining data warehouses. It has over 9,500 customers. [2] [8]

In 2006, Informatica announced a "cloud business". [9]

Financial results

201420132012201120102009
Revenue (USD in Millions) [10] 1,047.954 M948.171 M811.571 M783.779 M650.076 M600.999 M
Net Income (USD in Millions) [11] 114.087 M86.400 M93.180 M117.500 M86.320 M54.210 M
Former headquarters in Redwood City Informatica HQ 1.JPG
Former headquarters in Redwood City

Informatica has grown through a combination of sales growth and through company acquisitions. [8] [12]

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References

  1. "Informatica, Inc. 2022 Form 10-K (Annual Report)". U.S. Securities and Exchange Commission. 27 February 2023.
  2. 1 2 3 Informatica, Informatica website, retrieved 15 May 2010
  3. "Informatica Announces Agreement to be Acquired by The Permira Funds and Canada Pension Plan Investment Board". permira.com. Archived from the original on 10 April 2015. Retrieved 7 April 2015.
  4. 1 2 "Microsoft And Salesforce Join In $5.3 Billion Buyout of Informatica". forbes.com. Retrieved 7 August 2015.
  5. "Informatica Corporation Announces Completion of Acquisition by the Permira Funds and Canada Pension Plan Investment Board". informatica.com. Archived from the original on 5 September 2015. Retrieved 7 August 2015.
  6. "Salesforce Ventures and Microsoft Join Informatica Buyout". The New York Times. 6 August 2015. Retrieved 7 August 2015.
  7. "Enterprise software firm Informatica valued at $7.5 bln in stock market return". reuters.com. 27 October 2021. Retrieved 27 October 2021.
  8. 1 2 Magic Quadrant for Data Integration Tools, Gartner, 25 November 2009, retrieved 15 May 2010
  9. Adrian, Merv (10 June 2010), Informatica Re-Factors the Value Chain for the Cloud, IT Market Strategy, retrieved 7 July 2010
  10. "Earnings Per Share - Revenue - Company Dividend - EPS". NASDAQ.com. Retrieved 20 April 2018.
  11. "Net Income for Informatica (INFA) - Wikinvest". www.wikinvest.com. Archived from the original on 11 August 2017. Retrieved 20 April 2018.
  12. Karel, Rob (28 January 2010), Introducing The MDM Market's Newest 800lb Gorilla: Informatica Acquires Siperian!, Forrester, archived from the original on 2 February 2010, retrieved 15 May 2010