Informatica shrugged off the US financial services troubles with a strong quarter. Revenue was USD 114M, up 24% year on year, operating profit of USD 25M up 47%. Licence revenue was up 28%, with ten deals over USD 1 million in size.
Informatica continues to prosper as the leading independent ETL tool. IBM’s acquisition of Ascential is rumoured not to have been one of its happier ones, and certainly it seems to have done Informatica no harm at all.