Informatica Buying Applimation for $40 Million
Informatica Corp. (Nasdaq: INFA) has agreed to acquire Applimation Inc., a Chicago -based provider of enterprise data management solutions for Oracle, PeopleSoft and Siebel environments. The deal is valued at approximately $40 million in cash. Applimation has raised around $9.3 million in VC funding from firms like Battery Ventures, JMI Equity, RPM Ventures and M Group.
13 February 2009•3 mins read
