Informatica To Buy Itemfield

Informatica Corp. (Nasdaq: INFA) has agreed to acquire Itemfield Inc., a San Mateo, Calif.-based provider of XML-based data transformation software, for approximately $55 million in cash. Itemfield has raised around $17.5 million in total VC funding since its 2000 inception, from firms like Accel Partners, Evergreen Capital Partners, Foundation Capital and Gemini < ?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Israel.< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />