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Informatica Corporation: Informatica Announces Agreement to be Acquired by the Permira Funds and Canada Pension Plan Investment Board

| Transaction Valued at Approximately $5.3 Billion or $48.75 Per Share |
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|The Permira Funds Partner with Canada Pension Plan Investment Board to Acquire |
|World's Number One Independent Enterprise Data Integration Provider |
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|REDWOOD CITY, Calif., April 7, 2015 (GLOBE NEWSWIRE) -- Informatica |
|Corporation (Nasdaq:INFA) (the "Company"), the world's number one independent |
|provider of enterprise data integration software and services, today |
|announced that it has entered into a definitive agreement to be acquired by a |
|company controlled by the Permira funds and Canada Pension Plan Investment |
|Board (CPPIB) for approximately $5.3 billion. |
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|Under the terms of the agreement, Informatica shareholders will receive $48.75 |
|in cash for each share of Informatica common stock. |
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|Informatica is acknowledged as a leader in several technology categories, |
|including Cloud Integration, Data Integration for Big Data initiatives, and |
|MDM Solutions. Informatica's three-pronged growth strategy is to expand |
|across all major geographic regions, grow across all customer data |
|initiatives, and advance technology leadership in all things data. |
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|"After careful consideration and deliberation of strategic alternatives, our |
|Board of Directors unanimously concluded that the sale of Informatica to the |
|Permira funds and CPPIB is in the best interest of all Informatica |
|stakeholders," said Sohaib Abbasi, chairman and chief executive officer, |
|Informatica. "While delivering immediate compelling value to our |
|shareholders, we remain committed to the long-term success of our customers, |
|partners, and employees. Permira and CPPIB share both our vision for |
|Informatica to power the data-ready enterprise and our conviction in |
|sustained long-term growth." |
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|"Informatica is an outstanding company and a clear leader in the essential |
|field of enterprise data solutions," said Brian Ruder, a Permira Partner and |
|Co-Head of the firm's Technology Sector Team. "We are very excited about the |
|Company's ongoing transition to cloud and subscription based services, as |
|well as its continued pursuit of four separate billion dollar market |
|opportunities in cloud integration, master data management, data integration |
|for next generation analytics, and data security. In addition, we look |
|forward to working with this talented team of dedicated employees and CPPIB |
|to grow the business and achieve Informatica's highest potential." |
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|"This transaction represents an excellent opportunity to acquire a |
|market-leading enterprise data integration solutions provider," said Mark |
|Jenkins, Senior Managing Director&Global Head of Private Investments, CPPIB. |
|"Informatica's differentiated suite of software solutions, stable base of |
|recurring revenues and strong potential for future growth make this a highly |
|attractive investment for CPPIB. We look forward to partnering with the |
|Informatica team and the Permira funds to accelerate the Company's growth and |
|to support Informatica's continued market leadership in product innovation." |
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|Informatica's Board of Directors has unanimously approved the merger agreement |
|and resolved to recommend that Informatica shareholders adopt the agreement. |
|The transaction is expected to be completed in either the second or third |
|quarter of 2015, subject to receipt of shareholder approval and customary |
|regulatory approvals, as well as satisfaction of other customary closing |
|conditions. |
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|Qatalyst Partners acted as financial advisor to Informatica and Wilson Sonsini |
|Goodrich&Rosati acted as legal counsel. |
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|BofA Merrill Lynch, Goldman, Sachs&Co., Macquarie Capital, and Union Square |
|Advisors LLC served as financial advisors to the Permira funds and CPPIB |
|while Fried, Frank, Harris, Shriver&Jacobson LLP served as legal advisors. |
|BofA Merrill Lynch, Credit Suisse, Goldman Sachs, Macquarie Capital, Morgan |
|Stanley, Nomura, and RBC Capital Markets are serving as joint bookrunners on |
|the financing. CPPIB was also separately advised by Torys LLP. |
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|About Informatica |
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|Informatica Corporation (Nasdaq:INFA) is the world's number one independent |
|provider of enterprise data integration software and services. Organizations |
|around the world rely on Informatica to realize their information potential |
|and drive top business imperatives. Informatica Vibe, the industry's first |
|and only embeddable virtual data machine (VDM), powers the unique "Map Once. |
|Deploy Anywhere." capabilities of the Informatica Platform. Worldwide, over |
|5,500 enterprises depend on Informatica to fully leverage their information |
|assets from devices to mobile to social to big data residing on-premise, in |
|the Cloud and across social networks. For more information, call +1 |
|650-385-5000 (1-800-653-3871 in the U.S.), or |
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|About Permira |
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|Permira is an international private equity firm. The Permira funds, raised |
|from pension funds and other institutions, make long-term investments in |
|companies with the ambition of transforming their performance and driving |
|sustainable growth. Founded in 1985, the firm advises funds with a total |
|committed capital of approximately €25 billion and has made over 200 private |
|equity investments. |
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|Permira specializes in five key sectors: Consumer, Financial Services, |
|Healthcare, Industrials and Technology and its portfolio currently comprises |
|over 25 companies. Permira employs over 120 professionals based in Dubai, |
|Frankfurt, Guernsey, Hong Kong, London, Luxembourg, Madrid, Menlo Park, |
|Milan, New York, Paris, Seoul, Stockholm and Tokyo. |
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|Permira established itself in North America in 2002 and today has offices in |
|New York and Menlo Park. The Permira funds have a long track record of |
|successfully investing in technology companies around the world including |
|NDS, Genesys,, TeamViewer, Renaissance Learning, Metalogix, |
|, and Teraco. Since 1997, over 33% of the Permira funds' |
|investments have been in the core sector of Technology. |
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|About CPPIB |
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|Canada Pension Plan Investment Board (CPPIB) is a professional investment |
|management organization that invests the funds not needed by the Canada |
|Pension Plan (CPP) to pay current benefits on behalf of 18 million |
|contributors and beneficiaries. In order to build a diversified portfolio of |
|CPP assets, CPPIB invests in public equities, private equities, real estate, |
|infrastructure and fixed income instruments. Headquartered in Toronto, with |
|offices in Hong Kong, London, New York City, São Paulo, CPPIB is governed and |
|managed independently of the Canada Pension Plan and at arm's length from |
|governments. At December 31, 2014, the CPP Fund totalled C$238.8 billion. For |
|more information about CPPIB, please |
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|Forward-Looking Statements |
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|Statements about the expected timing, completion and effects of the proposed |
|transaction and all other statements in this release, other than historical |
|facts, constitute forward-looking statements within the meaning of the safe |
|harbor provisions of the Private Securities Litigation Reform Act of 1995. |
|Readers are cautioned not to...

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