Private equity grabs Informatica for $5.3 BEEEEEELLION

Data management software player Informatica is now in the hands of private equity overlords, after an eye-watering $5.3bn buy-out was signed and sealed. It seems company execs were listening to activist investor Elliott Management, which owned 9.4 per cent of Informatica's shares, and some months back had called for the …

[Anonymous Coward]

"It has nothing outstanding in the Big Data analytics department though"

It is, however, the only tool of note that can actually do ETL on your big data cluster without massive hacks or kludgery.

[Mark 85]

Another company doomed by Elliot's greed.

Given the history of activist investors... yeah.. profit for the investor and the company ends up in the dustbin.

[Just An Engineer]

Good Bye Informatica

LBO = We will saddle you with the debt required for the LBO, then sell of the rest of the pieces inside 18 months.

[Anonymous Coward]

Re: Good Bye Informatica

Isn't it illegal to buy a company using its own assets?