Informatica is an American

software Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work. At the lowest programming level, executable code consist ...

development company founded in 1993. It is headquartered in

Redwood City, California Redwood City is a city on the San Francisco Peninsula in Northern California's Bay Area, approximately south of San Francisco, and northwest of San Jose. Redwood City's history spans its earliest inhabitation by the Ohlone people to being a ...

. 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.

History

On 29 April 1999, its

Initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

on the

NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

stock exchange listed its shares under the stock symbol INFA. On 7 April 2015, Permira and

Canada Pension Plan Investment Board The Canada Pension Plan Investment Board (CPPIB; french: Office d'investissement du régime de pensions du Canada), operating as CPP Investments (french: Investissements RPC), is a Canadian Crown corporation established by way of the 1997 ''Cana ...

announced that a company controlled by the Permira funds and CPPIB would acquire Informatica for approximately US$5.3 billion. On 6 August 2015, the acquisition was completed and

Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washi ...

and Salesforce Ventures invested in the company as part of the deal. The company's stock ceased trading on the NASDAQ under the ticker symbol INFA effective on the same date. On 27 October 2021, Informatica again became publicly traded with the INFA stock symbol, this time listed on the

NYSE The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its liste ...

, opening at $27.55 per share.

Products

Informatica's product portfolio is focused on

data integration Data integration involves combining data residing in different sources and providing users with a unified view of them. This process becomes significant in a variety of situations, which include both commercial (such as when two similar companies ...

: extract, transform, load, information lifecycle management,

business-to-business Business-to-business (B2B or, in some countries, BtoB) is a situation where one business makes a commercial transaction with another. This typically occurs when: * A business is sourcing materials for their production process for output (e.g., a ...

data exchange Data exchange is the process of taking data structured under a ''source'' schema and transforming it into a ''target'' schema, so that the target data is an accurate representation of the source data.A. Doan, A. Halevy, and Z. Ives.Principles of da ...

cloud computing Cloud computing is the on-demand availability of computer system resources, especially data storage ( cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over mu ...

integration, complex event processing, data masking,

data quality Data quality refers to the state of qualitative or quantitative pieces of information. There are many definitions of data quality, but data is generally considered high quality if it is "fit for tsintended uses in operations, decision making and ...

, data replication,

data virtualization Data virtualization is an approach to data management that allows an application to retrieve and manipulate data without requiring technical details about the data, such as how it is formatted at source, or where it is physically located, and can pr ...

master data Master data represents " data about the business entities that provide context for business transactions". The most commonly found categories of master data are parties (individuals and organisations, and their roles, such as customers, suppliers, ...

management, ultra messaging, and

data governance Data governance is a term used on both a macro and a micro level. The former is a political concept and forms part of international relations and Internet governance; the latter is a data management concept and forms part of corporate data govern ...

. These components form a toolset for establishing and maintaining data warehouses. It has over 9,500 customers. In 2006, Informatica announced a "cloud business".

Financial results

Informatica has grown through a combination of sales growth and through company acquisitions.

References

External links

*{{Official website American companies established in 1993 Software companies established in 1993 Companies listed on the New York Stock Exchange Enterprise application integration Extract, transform, load tools Development software companies Data warehousing products Data companies Data quality companies Software companies of the United States Cloud computing providers Software companies based in the San Francisco Bay Area Companies based in Redwood City, California 1993 establishments in California 2015 mergers and acquisitions Permira companies CPP Investment Board companies 2021 initial public offerings Salesforce 1999 initial public offerings