Fenwick represented Informatica Inc. (NYSE: INFA), a leader in enterprise AI-powered cloud data management, in its acquisition by Salesforce, Inc. (NYSE: CRM), a global leader in customer relationship management software, for approximately $8 billion in equity value, net of Salesforce’s current investment in Informatica.
The acquisition will enhance Salesforce’s trusted data foundation critical for deploying powerful and responsible agentic AI. The combination of Informatica’s rich data catalog, data integration, governance, quality and privacy, metadata management, and Master Data Management (MDM) services with the Salesforce platform will establish a unified architecture for agentic AI — enabling AI agents to operate safely, responsibly, and at scale across the modern enterprise. More details can be found in Salesforce’s news announcement.
The Fenwick transaction team was led by Doug Cogen and included corporate partner David Michaels, antitrust & competition partner Tom Ensign, counsel Meredith Mommers and associate Susan Lee.