What the Informatica Deal Means For Mutual Fund Investors (INFA)

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What the Informatica Deal Means For Mutual Fund Investors (INFA)

Shauna O'Brien Apr 07, 2015

Sohaib Abbasi, Informatica’s Chairman and CEO commented: “After careful consideration and deliberation of strategic alternatives, our Board of Directors unanimously concluded that the sale of Informatica to the Permira funds and CPPIB is in the best interest of all Informatica stakeholders.”

“While delivering immediate compelling value to our shareholders, we remain committed to the long-term success of our customers, partners, and employees. Permira and CPPIB share both our vision for Informatica to power the data-ready enterprise and our conviction in sustained long-term growth.”

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