Informatica Announces Agreement to be Acquired by the Permira Funds and Canada Pension Plan Investment Board

April 7, 2015 11:55 AM

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REDWOOD CITY, Calif., April 7, 2015 (GLOBE NEWSWIRE) -- Informatica Corporation (Nasdaq:INFA) (the "Company"), the world's number one independent provider of enterprise data integration software and services, today announced that it has entered into a definitive agreement to be acquired by a company controlled by the Permira funds and Canada Pension Plan Investment Board (CPPIB) for approximately $5.3 billion.

Under the terms of the agreement, Informatica shareholders will receive $48.75 in cash for each share of Informatica common stock.

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