A private equity consortium comprising Permira Advisers and Canada Pension Plan Investment Board (CPPIB) has won the bidding for software maker Informatica with an offer of $48.75 per share.
The deal values the company at $5.3 billion.
Informatica's shares closed up 4 percent at $45.83 on the Nasdaq on Monday after reports emerged that Permira and CPPIB, and a partnership of Thoma Bravo and Ontario Teachers' Pension Plan had both submitted bids for the company last week.
—CNBC contributed to this report.