After ~4 years of grind as a public company, @Informatica is snapped by @Salesforce for $8 billion. The plan is to use it in strengthening AI Platform, says Salesforce. My POV, in this platform driven technology consumption era, independent software vendors with niche solutions don’t stand a chance of staying independent for long. I believe that Informatica has found a good home to grow. Salesforce CEO and Chair Marc @Benioff has said that the integration of Informatica into the Salesforce platform will create the 'most complete, agent-ready data platform in the industry' as the company will be uniting its Data Cloud, MuleSoft, and Tableau platforms with Informatica's data management capabilities. Salesforce agreed to buy Informatica for $25 per share, a much lower per-share price than speculated in April 2024 when reports said the companies were in negotiations. In April 2024, Salesforce reportedly was weighing an offer in the mid-$30s per share for Informatica. Further, Informatica stock hit a high near 40 on April 12, 2024. Even after rising 22% in last 5 days, Informatica is down 8% year to date. Informatica went public on October 27, 2021, after being taken private in 2015. The company was listed on the New York Stock Exchange under the ticker symbol "INFA". @dvellante @furrier @MDMGeek @vGazza @Craw @mvollmer1

EARNINGS: @Google parent Alphabet jumps up to 14% higher after hours on earning and revenue beat! Revenue increased 15% yoy. Google also announces first ever dividend of 20 cents per share and company a $70 billion buyback. Google Cloud revenue for the 1st quarter is $9.57 billion vs. $9.35 billion expected. Net income jumped 57% to $23.66 billion, or $1.89 a share, from $15.05 billion, or $1.17 a share, a year earlier. – at Fremont, CA

U.S. added 303,000 jobs in March, defying economist expectations Payrolls rose by more than the 200,000 estimated, but wage gains were contained, confirming a belief the U.S. can continue expanding employment without fanning inflation. - @WSJ

.@IDC's service provider category includes cloud service providers, digital service providers, communications service providers, hyperscalers, and managed service providers. In 4Q23, service providers as a group spent $30.0 billion on compute and storage infrastructure, up 19.6% from the prior year. – at Fremont, CA

Generative AI is more than ready for your data, is your data ready for Generative AI? Seems like there are more AI platforms than AI applications and they are all after all of our data. @dvellante @SanjMo @MDMGeek

During #MWC2024 in Barcelona, it was great to get analyst tour of the demos at @Microsoft booth! We witnessed a wide range of solutions ranging from up coming features into Microsoft Teams’ Immersive experience to Telco Cloud solutions with Microsoft’s Telco customers and partners. Many thanks to Desiree Lockwood @desireelindsey for facilitating the tour. Just after the main keynote on Tuesday, I also got to witness a panel from main @GSMA stage where Microsoft representation was there. @Chels_LA @BevEve #MWC24 #MSFTPartner @MSCloud #AzureforOperators @Azure – at Barcelona, Cataluña

Jensen has great sense of humor! #GTC24 #GTC2024