Informatica Corporation, a provider of data integration software, announced that it has signed a definitive agreement to acquire Applimation, a provider of application Information Lifecycle Management (ILM). Applimation delivers a product portfolio for customers to manage various phases of their application data lifecycle, from testing to archiving. Applimation incorporates application-aware metadata for packaged applications from Oracle and SAP. This support covers more than a hundred modules of Oracle, PeopleSoft, and Siebel applications. Informatica will acquire all the capital stock of Applimation in a cash transaction valued at approximately $40 million. The acquisition is subject to customary closing conditions.