Home / M&A Activity / Informatica Stockholders OK Acquisition Offer From Permira, CPP Investment Board

Informatica Stockholders OK Acquisition Offer From Permira, CPP Investment Board

acquisitionInformatica‘s (Nasdaq: INFA) stockholders have voted to accept an offer to acquire the company by Permira and the Canada Pension Plan Investment Board.

The data integration software provider said Tuesday the acquisition is scheduled to close within the third quarter of the company’s current fiscal year.

Permira and the CPP Investment Board offered to purchase Informatica for $5.3 billion in cash or $48.75 per share, according to an earlier report.

The transaction will transform Informatica into a privately-held firm, the company said.

Check Also

Jack Ginsburg Appointed Paradyme Management COO

Jack Ginsburg, a veteran business development leader, has been named chief operating officer at HUBZone information technology consulting services firm Paradyme Management, G2Xchange ETC reported Tuesday.

Boeing Gets $232M Material Support Order for Army Chinook, Apache Helicopters

Boeing (NYSE: BA) has received a potential $232M delivery order under a five-year basic ordering agreement with the Defense Logistics Agency to provide global material support for the U.S. Army's AH-64 Apache and CH-47 Chinook helicopters.