Permira and CPPIB complete $5.3 bln take-private buyout of Informatica

Permira and Canada Pension Plan Investment Board have closed its previously announced take-private acquisition of Informatica Corp, a data integration software provider. The value of the acquisition is about $5.3 billion. As a result of the deal, Informatica's stock has stopped trading on the NASDAQ. In addition to the transaction, Microsoft and Salesforce Ventures have made an undisclosed investment in Informatica. Also, Informatica has named Anil Chakravarthy as acting CEO while Bruce Chizen, former Adobe CEO, has been added to the board and will serve as a special advisor.

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